Japanese media: Kenya New Expressway, China releases a new signal

Japan's "Nikkei Asian Review" August 20th article, original title: Kenya's new expressway marks that China's loan boom in Africa is changing. For the residents of Nairobi, the first fast road (such as the Kenya capital (such as Picture) has completely changed their lives. "During the peak traffic peak of this expressway, it took two hours to reach the airport. It only takes 20 minutes now," said a 52 -year -old taxi driver. The time on the road is reduced.

The 27 -kilometer Nero Bi Expressway, which was supported by China, was put into operation on July 31. People have high hopes, hoping that it can alleviate the traffic jam of the Kenya capital. The financing method of this 70 billionth (about 585 million US dollars) projects spent, also shows that China has always changed from large -scale loans to Africa. The project is built by China Road and Bridge Corporation, instead of being built by China by providing loans. Through the construction of government and social capital cooperation models, China Road and Bridge will operate this expressway through a subsidiary, charge the next 27 years, and then hand over the road to the Kenyan government. Sandy Feng (Yin), who works at China Road and Bridge subsidiary, emphasizes the benefits of the two parties. "Kenya will obtain this road and related professional knowledge, and China will collect traffic fees to recover investment."

Africa is an important part of the joint construction of the “Belt and Road” initiative. The continent is one of the providers of energy and mineral resources required for the rapid growth of China's economy. China provides huge loans to Africa's highways, railways and port projects through state -owned banks and companies. In addition to rapid construction, China also provides loose conditions for bilateral financing. Many African leaders welcome support from China. Such loans have made China the biggest creditor in some African countries. However, China's loan amount has been declining after reaching its peak in 2016. Data from the University of Boston University of Global Development Policy show that in 2020, the amount of new loans decreased by 77%to $ 1.9 billion. Now China is carrying out more cautious loan practice activities. Beijing is rethinking how to support Africa for Africa.

If China does revise a non -assistance strategy for non -assistance, this will also affect the sight to other countries in the mainland. Due to the large number of young people, the African continent is expected to become a production center and market. (Author Sichuan Sichuan, Ichi, etc., translated by Ding Yan)

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