Transparency is derailing China’s debt trap diplomacy ...Middle East

Chinese funding for subpar infrastructure projects across the developing world has long been labeled as a predatory exercise in debt trap diplomacy. The exact details of these white elephants, however, are often kept opaque.  Recently released documents surrounding the Chinese-funded Mombasa to Nairobi railway in Kenya now demonstrate just how predatory Beijing’s secret lending can be.  The deal, inked by then-president Uhuru Kenyatta and the China Exim Bank in 2014, provided Kenya with 85 percent of the financing for the multi-billion-dollar project. At the time of signing, there were early indications that the deal was too good to be true. Without a competitive or public tender, t

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