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To: dennisw
File Photo: Kenyan Pres. Uhuru Kenyatta and Xi Jinping, 2013
2 posted on 12/28/2018 8:14:56 AM PST by dennisw
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To: dennisw

Unduly alarmist. It was just a business deal. Kenya won’t be relinquishing ordinary sovereign powers. Mombasa is not like the Panama Canal, so the Chinese won’t be monopolizing international traffic. Kenya will just be repaying a debt, as any American under bankruptcy would do. The port upgrade was a good investment, but the local Kenyan management did not operate it efficiently. For example, containers were misplaced, leading to lawsuits. The Chinese, as any other creditor would do, will be assuming management and operating it more efficiently than the locals. The same consequences would have ensued in the Kenyans had borrowed from anyone else.


19 posted on 12/28/2018 9:46:20 AM PST by Socon-Econ (adical Islam,)
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