How China Is Slowly Becoming the World’s Largest Imperialist Power
Kenya is apparently under pressure to hand over its busy and lucrative Port of Mombasa to Chinese companies, as it fails to repay debts owed to China. Previously, Sri Lanka had to cede control of its Hambantota Port to China, as it failed to demonstrate its capability of repaying debts to Beijing in what is now termed "debt-trap" diplomacy.
parts of Africa, such as Uganda and Zambia, China is now in an asset-buying
spree. China is not just demonstrating its ambitions in Africa. In Europe,
countries like Serbia, Italy, and Greece, not to mention Germany, have become
gateways for Chinese investment - investment that could easily transform to
debt trap and even security risks.