Country: Kenya
Related Posts
Kenya Cuts Dollar Debt After Converting Chinese Loans to Yuan
The Kenyan government is moving quickly to diversify its debt portfolio to reduce its reliance on dollar-denominated loans, with the total amount of outstanding USD debt falling 8.5% year-on-year to just 53.2%, according to new National Treasury data. A big reason ...
Related Posts
China Is Helping Build Africa’s Cities, but Its Approach Sidelines Local Urban Planners and Residents
By Ding Fei As African cities experience some of the fastest urban growth rates in the world, China has become a major bilateral financier for urban infrastructure. From Nairobi’s elevated expressways to Lagos’s airport upgrades and Addis Ababa’s ...
China’s Zero-Tariff Promise to Africa Masks a Deepening Trade Imbalance
In a message to African heads of state gathered in Addis Ababa for the African Union's 39th summit last February, Xi Jinping announced that beginning May 1st, China would implement a “zero tariff” policy for the 53 African countries with which it has diplomatic relations. The message ...
Construction Restarts on Kenya, China’s Standard Gauge Railway
Construction has resumed on Kenya’s Standard Gauge Railway, following a long pause due to debt woes. The Kenyan government has announced a new agreement with Chinese financiers and contractors that will see the completion of the two final phases of the landmark cross-frontier railway system. ...
China’s Economic Relationship With Africa Is Entering a New Phase
Chinese Vice President Han Zheng was in Kenya this week, where he oversaw the first shipment of agricultural products that will enter the Chinese market duty-free. There's a lot of excitement across the continent about China's removal of all import tariffs ...
Source: Wikistrat Expert Analysis | How the War in Iran is Shaping China’s Strategic Calculus
There's been a lot of speculation in U.S. and European policy analysis circles over what lessons China is taking away from the U.S.-Israeli war against Iran. The debate largely divides along two broad categories. On one side, popular in Washington, D.C., contends that the massive ...
