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Chinese Foreign Minister visits Kenya amid tensions over rising debt
short by Disha Jana / on Wednesday, 5 January, 2022
Chinese Foreign Minister Wang Yi began a visit to Kenya on Wednesday amid tensions over Kenya's debt burden to China. China has lent $5 billion for construction of modern railway from Kenyan port of Mombasa under Belt and Road Initiative (BRI). "It's...debt trap...[the governments] should start renegotiating," lawmaker Kimani Ichung'wah said, alleging that Chinese loans have high interest rates.
read more at Reuters