Tag: imports
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Calls Growing Louder in Kenya to Balance Lopsided Trade With China
All week, numbers have been trickling out of Kenya's National Bureau of Statistics that depict a dangerously lopsided economic relationship with China. The latest data show that last Kenyans $3.9 billion worth of products from China but exported just $131 million in return.
When You See This Chart You’ll Understand Why This Week’s Gulf Diplomacy in Beijing is So Important
Charts listing China's top sources of imported oil used to look very different. In 2008, according to David Shinn from George Washington University, three suppliers from African dominated the top ten. At that stage Angola, the Republic of Congo, and Sudan ...
COVID Flare-Ups in China Threaten to Disrupt What’s Otherwise Been a Strong Year For China-Africa Trade
While global trade experiences unprecedented disruptions of major supply chain networks, that turbulence does not appear to have had much effect on the volume of Chinese trade with African countries, at least so far. Chinese ...
This Chart Explains Why China is So Concerned About Events in Guinea
"The outcome of the coup attempt is unclear, but the political turmoil offers a test for this relatively new supply chain. Investors need to mull a range of possibilities, from a relatively peaceful power transfer in Conakry that preserves the bauxite status quo, to more disruptive scenarios ...
A Lot of Kenyans May Want to Ban Imported Fish From China, But That Just Can’t Happen For Now
The recent proposal in Kenya's National Assembly to ban imported fish from China has sparked a lively discussion about how to simultaneously enhance the country's food security while bolstering the livelihoods of Kenya's embattled fishing communities. Agriculture Cabinet Secretary Peter Munya ...
Kenya Fisheries Minister: No Ban on Chinese Fish Imports
For the second time in three years, Kenya has walked back a threat to ban fish imported from China. Fisheries Cabinet Secretary Peter Munya (photo) said late last week that Nairobi would not move forward with a proposed bill in the National Assembly that sought to restrict ...
Rwandan Trade Industry Leaders Urges Businesses To Look Beyond China To Source Imports
Severe shipping disruptions brought on the COVID-19 pandemic have resulted in much higher import costs in Rwanda, especially from China, prompting one industry official to urge businesses to find alternate suppliers. The 10% increase in Chinese imported goods is brought on ...
China’s Huge Chili Pepper Market Now Open to Rwandan Exporters
The Rwandan embassy in Beijing is celebrating the opening of the China market for its country's chili pepper exporters. A 200kg shipment arrived in the central Chinese province of Hunan on Wednesday, making Rwanda the first African country to export peppers like this to China.
Kenya Wants to Ban Chinese Fish Imports Again. It Didn’t End Well The Last Time.
The Kenyan parliament will move forward with legislation to outlaw imported Chinese fish from entering the country. Legislators confirmed on Tuesday that the Agriculture Committee is finalizing new regulations aimed to boost the local fishing sector by restricting imports of Chinese seafood, particularly frozen tilapia.
New Data Reveals China’s Growing Dependence on Middle Eastern Oil
Middle Eastern oil producers now account for 48.3% of China's oil buys in the first half of the year, according to the latest Chinese customs data. Saudi Arabia is the top provider, with 16.8% of the market in H1 2021, followed by Russia with 15.3%.
African Textile Unions Call For Increased Government Protection Against Illegal Imports From China
Years of illegal textile imports and low-cost replicas from China have decimated Africa's once-thriving textile manufacturing sector and labor unions across the continent are calling on the government to do something about it. At a recent meeting of IndustriAll Global Union ...
China-Africa Trade Held Up Last Year Despite the Pandemic
China's top diplomat for Sub-Saharan Africa, Wu Peng, revealed the final two-way China-Africa trade figure for 2020 that came in at $187 billion. All things considered given the massive economic disruptions that occurred last year in both ...