What Kenya’s Embattled Standard Gauge Railway Tells Us About the Future of China’s Belt and Road Initiative

The Wall Street Journal has published a series of articles and videos over the past three weeks detailing what they’re describing as “Belt and Road 2.0” — a slimmed down, much more conservative version of the nearly ten-year-old Chinese global infrastructure initiative.

According to the Journal, the core issue is that Chinese policymakers extended far too much credit to low and middle-income countries that are now finding it difficult to repay billions of dollars of loans.

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source https://chinaglobalsouth.com/2022/10/19/what-kenyas-embattled-standard-gauge-railway-tells-us-about-the-future-of-chinas-belt-and-road-initiative/

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