The European Union will launch a €300 billion global infrastructure project in an apparent attempt to counter Communist China’s Belt and Road Initiative in the race for global influence. The Global Gateway scheme, which aims at investing €300 (£255bn/$340) billion into
Two Kenyan activists filed suit in Mombasa on Tuesday seeking the public disclosure of all contracts, agreements, and studies related to the Standard Gauge Railway (SGR) project — the massive Chinese-funded railroad project critics have denounced as a boondoggle and “debt trap.”
The Premium Times of Nigeria reported Friday that the Nigerian government has decided not to borrow any more money from China for railroad construction, apparently because the Nigerians are growing nervous about their $3.4 billion in debt to Chinese banks and were reluctant to add another $14.4 billion to complete several large railroad projects.
The U.S. Senate on Tuesday confirmed President Joe Biden’s nominee for U.S. ambassador to the United Nations, on a 78 to 20 vote.
The Romanian government has introduced a memorandum that would see Chinese companies barred from securing infrastructure projects, amid claims of unfair competition and shoddy workmanship. The Ministry of Transport said that Chinese enterprises are distorting the road and rail infrastructure
Prime Minister Boris Johnson has reportedly ordered British diplomats to try to counter the “expansionism” of the Chinese Communist Party’s (CCP) Belt and Road initiative following accusations that the regime in Beijing pressured Barbados to remove the Queen as its
Somali fishing communities have expressed concerns that a “debt trap diplomacy”-linked deal between their government and China has granted Beijing a license to exploit their livelihoods legally, Radio France Internationale (RFI) reported this week.
Contents: Kenya’s debt repayments to China triple in July; Concerns grow that China may take control of Kenya’s port at Mombasa