Conspicuous in the crowd she was addressing was a delegation of investors from China - one of the countries that by and large are responsible for Kenya’s trade loss in the EAC. ALSO READ: Trade Unions Congress of Kenya support university workers strikeChina and India - not Uganda, Tanzania, Rwanda and Burundi - are responsible for Kenya’s trade decline in the region. It has found a graphic visualisation of how China and India have in the last 10 years voraciously eaten into Kenya’s trade pie across the region, leaving it with crumbs. A 2016 working paper by the World Bank noted that China’s foray into the region might have hurt Kenya’s exports into the four East African countries. It noted that Kenya’s exports to Uganda and Tanzania were falling.
Source: Standard Digital July 11, 2017 06:22 UTC