Wednesday, April 12, 2023

Kenya's Trade Deficit with China Widens

 Kenya's Business Daily published on 11 April 2023 an article titled "Kenya-China Trade Gap Grows Despite Diplomatic Charm" by Constant Munda.  

Kenya's trade deficit with China has widened for the second year in a row despite aggressive efforts by Nairobi to push Beijing to open its markets.  The deficit grew to the highest level since 2017, rising to $3.62 billion in 2022 from $3.51 billion in 2021.