Among the phrases that I heard him state more than once is that modern trade policy is difficult to take forward because, ''In domestic policy, it is often good politics to blame the foreigner''. Decomposition of the trade shows that Kenyan firms export vegetable products and primary materials that are lightly processed. In turn, Kenyan firms import more processed goods and electronic equipment that are needed for other commercial and household consumption. TRADE BALANCEIt is sensible to try and close the trade balance, but the belief that Chinese imports in Kenya demonstrates domineering trade policy is simplistic. Exports by Kenyan firms into China have a low complexity component and the prices reflect that.

Source: Daily Nation May 17, 2019 08:48 UTC