Chinese may take over Mombasa port: Ouko

There were several stories a few months ago about how China’s Silk Road projects were being given to countries they couldn’t pay them back. I guess it’s true. Look for more of this.

Re: Chinese may take over Mombasa port: Ouko

#5

Post by MrBuddyCasino » Wed, Dec 26, 2018, 2:05 PM UTC

So this is Economic Hitmen 2.0. China watched and learned from what the US did in South America.

Re: Chinese may take over Mombasa port: Ouko

#6

Post by awakeasleep » Wed, Dec 26, 2018, 2:07 PM UTC

Could the USA or an european nation offer to pay the loan in exchange for taking over the port? Itd be cool to swoop in on this deal.

Re: Chinese may take over Mombasa port: Ouko

#7

Post by imustbeevil » Wed, Dec 26, 2018, 2:10 PM UTC

If I think "why would China go to Africa instead of poor areas of China?" my first thought is "what they're doing in Africa doesn't help Africa".

Re: Chinese may take over Mombasa port: Ouko

#8

Post by mc32 » Wed, Dec 26, 2018, 2:10 PM UTC

awakeasleep wrote: post #6

Could the USA or an european nation offer to pay the loan in exchange for taking over the port? Itd be cool to swoop in on this deal.

Russia swooped in to help Venezuela it’s possible there’s an oligarch out there who might be interested. Suppose it depends on the leverage they could get from their state.

Re: Chinese may take over Mombasa port: Ouko

#9

Post by BigChiefSmokem » Wed, Dec 26, 2018, 2:10 PM UTC

awakeasleep wrote: post #6

Could the USA or an european nation offer to pay the loan in exchange for taking over the port? Itd be cool to swoop in on this deal.

Globalism is not very popular in the West right now.

Re: Chinese may take over Mombasa port: Ouko

#10

Post by LaundroMat » Wed, Dec 26, 2018, 2:13 PM UTC

melling wrote: post #4

There were several stories a few months ago about how China’s Silk Road projects were being given to countries they couldn’t pay them back. I guess it’s true. Look for more of this.

Yes, the Malaysian railway is such a project.

http://www.globalconstructionreview.com/news/malaysia-admits...