WARUTERE: Deeper Sino-Kenya investment best bet for sustainable - News Summed Up

WARUTERE: Deeper Sino-Kenya investment best bet for sustainable


Over the past five years, Chinese exports to Kenya have more than doubled while the reverse remained low and stagnant. China accounts for a quarter of Kenya’s import bill and an FTA could deepen our dependence on Chinese imports. Over the past five years, Chinese exports to Kenya have more than doubled while the reverse remained low and stagnant. The best option for Kenya and China would be to negotiate a trade and investment deal that converges their mutual interests. The pact would be focused on expanding Chinese investments in Kenya’s manufacturing sector to stimulate economic growth, job opportunities and upgrading of skills to improve labour productivity.


Source: Daily Nation May 16, 2018 18:11 UTC


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