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Kenya-China Trade : A protracted trade deficit threatens Kenya’s manufacturing sector

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kenya- china trade_

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According to a World Bank Report, Kenya is at a high risk of losing its aspired industralization dream for vision 2030 thanks to a protracted trade deficit currently at 9.8 percent of GDP due to imports of capital and equipment that have increased by more than 25 percent.

The report further says China's heavy presence in Kenya is wearing out Kenya's export prospects both within and outside her borders.

The post Kenya-China Trade : A protracted trade deficit threatens Kenya’s manufacturing sector appeared first on Mediamax Network Limited.


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