Chinese Scholar on Why Railway Financing Makes Sense for Beijing, Despite Criticism

Chinese-financed railways in Asia and Africa have sparked enormous controversies over whether it was wise for countries like Kenya, Indonesia, Nigeria and Laos to put themselves in so much debt for infrastructure that will take decades to become profitable, if it ever does.

While a lot of stakeholders in these countries have raised those concerns, Chinese officials and scholars are especially piqued when these barbs come from critics in the U.S. and Europe.

• Get a daily email packed with the latest China-Africa news and analysis.
• Read exclusive insights on the key trends shaping China-Africa relations.
• Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

OR

Already a subscriber? Log in Click Here to Learn More

The post Chinese Scholar on Why Railway Financing Makes Sense for Beijing, Despite Criticism <div class="cap-padlock">
<svg
version="1.1"
xml:space="preserve"
viewBox="0 0 735 980"
>
<defs
/><g
transform="translate(-132.5,-10)"><g
><g
><g
><path fill="#c5c5c5"
d="M 745,412.9 V 255 C 745,119.9 635.1,10 500,10 364.9,10 255,119.9 255,255 V 412.9 H 377.5 V 255 c 0,-67.6 54.9,-122.5 122.5,-122.5 67.5,0 122.5,54.9 122.5,122.5 v 157.9 z"
/><path fill="#c5c5c5"
d="m 132.5,561.2 v 306.3 c 0,67.7 54.9,122.5 122.5,122.5 h 490 c 67.6,0 122.5,-54.9 122.5,-122.5 V 561.2 C 867.5,493.5 812.6,438.7 745,438.7 H 255 c -67.6,0 -122.5,54.9 -122.5,122.5 z M 500,622.5 c 33.8,0 61.2,27.4 61.2,61.2 0,22.4 -12.6,41.2 -30.6,51.9 v 101.3 c 0,16.9 -13.7,30.6 -30.6,30.6 -16.9,0 -30.6,-13.7 -30.6,-30.6 V 735.6 c -18,-10.6 -30.6,-29.4 -30.6,-51.9 0,-33.8 27.4,-61.2 61.2,-61.2 z"
/></g></g></g></g></svg>
</div> appeared first on The China Global South Project.

source https://chinaglobalsouth.com/2023/02/13/chinese-scholar-on-why-railway-financing-makes-sense-for-beijing-despite-criticism/