debt colonization

Kenya Drowning in Chinese Debt but President Kenyatta Wants More

China’s debt colonization of Africa is well underway, as one African nation after another takes out gigantic loans from Chinese banks to build infrastructure projects that appear financially unsustainable. Kenya is one of the most heavily indebted countries, but President Uhuru Kenyatta is on his way to Beijing for a summit at which he will reaffirm his commitment to the Belt and Road initiative.

Trump to host Kenyan leader Kenyatta at White House on Aug 27