Kenya’s $3.8 Billion Chinese-Built Railway Shows Why Belt and Road Is Being Reworked June 18, 2024 Unipro2013main BRICS, World Economy </p> <h2>Kenya’s $3.8 Billion Chinese-Built Railway Shows Why Belt and Road Is Being Reworked</h2> <p> The Chinese-built Standard Gauge Railway connecting Nairobi and Mombasa was supposed to provide an economic boost to Kenya. Instead, it’s become a case study in some of the problems China’s Belt and Road Initiative can create.</p> <p>So is Xi Jinping’s ambitious global infrastructure expansion over, or is the BRI program only just getting started?</p> <p>0:00 Kenya’s SGR was supposed to grow the country’s economy<br /> 00:38 China’s $3.6 billion loan, and a closed bidding process<br /> 02:24 Why Kenya’s SGR has struggled to pay for itself<br /> 04:36 So what does the future hold for China’s BRI and its transportation projects?</p> <p>To learn more about how Chinese officials are overhauling the Belt and Road Initiative to make it more economically sustainable, watch Shelby’s full video here: https://youtu.be/BWW3HAzictE</p> <p>I’m George Downs, a WSJ video journalist fascinated by how technology is changing how we get from A to B. If you’re interested in the future of mobility or how modern transportation can impact our lives– from EVs to eVTOLs, and beyond – then don’t forget to subscribe.</p> <p>#China #BRI #SGR<br /> Credit to : The Wall Street Journal</p> <p> Please support our Sponsors here :
