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Chinese may take over Mombasa port: Ouko

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Re: Chinese may take over Mombasa port: Ouko

#31

Post by maypeacepreva1l »

As with any sales there could be that factor of China trying to sell more of their product/services(just like US does to sell weapons in various nations) but I find it strange that people are trying to politicize it being debt trap and trying to garner sympathy towards the defaulter than towards the victim who didn't get paid.

Re: Chinese may take over Mombasa port: Ouko

#32

Post by niyikiza »

I see these stories popping up every now and then usually from debatable sources and people continue to believe them because they fit "the suspected plot" even when concerned parties deny them. I hate to sound like that conspiracy guy but could it just be that some people are not happy with China getting into partnerships with African countries?

Edit: typo

Re: Chinese may take over Mombasa port: Ouko

#33

Post by niyikiza »

chanux wrote: post #22

The issue is a bit close to heart as a Sri Lankan. Here's an article which discusses the situation of LK and who else is in risk of a debt trap https://qz.com/1317234/chinas-debt-trap-in-sri-lanka-is-even...

The Sri Lanka case is the only credible case of "infrastructure seized by China because of insolvency"...but the media has used it to spread lots of fake stories about "China taking over Africa".

Re: Chinese may take over Mombasa port: Ouko

#34

Post by _mxys »

LaundroMat wrote: post #10
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...

Also, Montenegro's ONLY highway. They went into it despite experts knowing full well that the country couldn't afford one.

"Doubts about the highway surfaced after two feasibility studies, conducted in 2006 and 2012, showed it was not economically viable."

https://www.reuters.com/article/us-china-silkroad-europe-mon...

Re: Chinese may take over Mombasa port: Ouko

#35

Post by Cyph0n »

forgotAgain wrote: post #30
MrBuddyCasino wrote: post #5

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

The U.S. had nothing to do with this. The gratuitous swipe serves no useful purpose.

Way to be overly defensive, mate. Read the comment again: it never mentioned that the US had something to do with this Chinese takeover.

Re: Chinese may take over Mombasa port: Ouko

#36

Post by ptero »

I know nothing about it, but comments to that article (in Google Cache) seems to view the article as alarmist: for example, say that the grace period is until 2023, so we are talking years, not weeks before something happens. No idea if it is true or not, more info/references would be great. Can someone give more insight?

Re: Chinese may take over Mombasa port: Ouko

#38

Post by acct1771 »

niyikiza wrote: post #32

I see these stories popping up every now and then usually from debatable sources and people continue to believe them because they fit "the suspected plot" even when concerned parties deny them. I hate to sound like that conspiracy guy but could it just be that some people are not happy with China getting into partnerships with African countries? Edit: typo

Conspiracy theory

Re: Chinese may take over Mombasa port: Ouko

#39

Post by some_random »

supergirl wrote: post #16
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.

so china taking over the port is bad but it's OK if USA does it because they will make it a freedom port?

Well, there would probably be less slave labor in the American port so I suppose so.

Re: Chinese may take over Mombasa port: Ouko

#40

Post by moltar »

_mxys wrote: post #34
LaundroMat wrote: post #10

Earlier quoted context omitted.

Yes, the Malaysian railway is such a project. http://www.globalconstructionreview.com/news/malaysia-admits...

Also, Montenegro's ONLY highway. They went into it despite experts knowing full well that the country couldn't afford one. "Doubts about the highway surfaced after two feasibility studies, conducted in 2006 and 2012, showed it was not economically viable." https://www.reuters.com/article/us-china-silkroad-europe-mon...

I can’t imagine building a highway on that terrain. I drove thru a lot of Montenegro and I haven’t seen any flatlands.
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