Anti-fraud consultant Michael Kuria says he’s not worried about Chinese loans to Kenya. If Kenya defaults on their debts to Beijing, he writes in today’s Daily Nation newspaper, well, that’s China’s problem. “I trust that they are smart enough to know not to throw good money after bad and that if it came to that they would be open to a debt restructuring proposal.”
Instead, he’s more concerned about the presence of Chinese organized crime in Africa which he argues is an inevitable outcome of China’s deepening engagement on the continent.
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