The South China Morning Post published on 5 September 2025 an article titled "Kenya's Plan to Switch Debt Payments to China from US Dollars to Yuan Is a 'Win-Win'."
Kenya plans to convert its large debt to China from US dollars to Chinese yuan. This would reduce interest payments for Kenya and advance China's goal of increasing the global use of its currency. It could also set a precedent for other countries to seek debt reduction with China and reduce reliance on the US dollar.
