{"id":138211,"date":"2025-10-12T04:00:16","date_gmt":"2025-10-12T04:00:16","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=138211"},"modified":"2025-10-12T04:00:16","modified_gmt":"2025-10-12T04:00:16","slug":"why-kenyas-swap-of-dollar-loans-for-chinese-yuan-offers-more-than-debt-relief","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=138211","title":{"rendered":"Why Kenya\u2019s swap of dollar loans for Chinese yuan offers more than debt relief"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostKenya has converted its US dollar-denominated railway loans from China into the Chinese yuan, not only securing debt relief but also fitting into Beijing\u2019s long-term goal of internationalising its currency.<br \/>\nAnalysts said the decision, announced by Kenya last week, paved the way for other debt-stressed African countries and could ultimately draw them closer to China.<br \/>\nKenyan Treasury Minister John Mbadi said on Tuesday that the country\u2019s US$5 billion Chinese railway loans had been converted to&#8230;<a href=\"https:\/\/www.scmp.com\/news\/china\/diplomacy\/article\/3328665\/why-kenyas-swap-us-dollar-loans-chinese-yuan-offers-more-debt-relief?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostKenya has converted its US dollar-denominated railway loans from China into the Chinese yuan, not only securing debt relief but also fitting into Beijing\u2019s&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/138211"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=138211"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/138211\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=138211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=138211"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=138211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}