Tuesday, November 6, 2018

Kenyan Push Back Against Chinese Economic Engagement

Kenya's Business Daily published on 30 October 2018 a commentary titled "Yes, There's Need To Limit Competition by Chinese" by George Wachira.

The author cited three areas where there is growing concern in Kenya about China's economic engagement. Chinese construction contractors are getting most of the infrastructure business and pushing Kenyan companies out of the market. Chinese traders are becoming importers, wholesalers, and retailers of basic consumer merchandise in Kenya. China exports far more to Kenya than it buys from Kenya. Wachira said it is time for Kenya to reassess its economic engagement with China, keeping those aspects with genuine socio-economic value and curtailing areas that are pushing Kenya back.