At Kenya’s Miritini Railway Station, near the coastal city of Mombasa, a statue of legendary Chinese explorer Zheng He sits on a plinth greeting passengers, more than 600 years after his voyage to the town of Malindi, further up the coast. The statue’s plaque explains the ties between Kenya and China t
The Belt and Road Initiative has made China the biggest financier of infrastructure in Africa. But a decade down the road, some observers say the program may be losing steam as Beijing becomes more averse to risk, and as the domestic economy struggles to return to pre-pandemic growth levels
Sri Lanka’s debt restructuring is deeply embedded both within a global emerging market debt crisis and a moment of rethinking within China about its global role as a creditor.