Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Trade

Interview: Trade with China improves wellbeing of African people, says Kenyan expert

November 04, 2024


Abstract : Surging trade with China has served as a catalyst for job creation and an uplift in living standards across the African continent, a Kenyan economist said.

0cdbf61ee432491088f694be37c067bb.JPEG

People visit exhibition stalls during the opening of the Chongqing Export Commodity Exhibition (CECE) in Nairobi, capital of Kenya, on Aug. 31, 2023. (Photo by John Okoyo/Xinhua)

Surging trade with China has served as a catalyst for job creation and an uplift in living standards across the African continent, a Kenyan economist said.

by Xu Jiatong, Dai He

NAIROBI, Nov. 2 (Xinhua) -- Surging trade with China over the past 15 years has served as a catalyst for job creation and an uplift in living standards across the African continent, a Kenyan economist told Xinhua.

In an interview with Xinhua, Professor Xn Iraki from the University of Nairobi underscored the critical role of balanced trade as a foundation for a win-win scenario, propelling rapid development in Africa and China.

Iraki shed light on the significance of dialogue platforms between China and African nations, notably Kenya, such as the Forum on China-Africa Cooperation, highlighting their role as essential conduits for aligning mutual interests, overcoming trade challenges, and seizing untapped opportunities.

He encouraged open discourse among trading entities to foster deeper commercial ties and explore new frontiers in trade, despite the geographical distance between China and Africa.

Iraki highlighted China's commitment to delivering top-tier products at competitive prices, without tariff barriers, which is instrumental in cultivating a more transparent and balanced trade ecosystem.

40fb4de79f084f3281fee6862758047c.JPEG

A worker from Karen Roses waters flowers in the workshop in Nairobi, Kenya, on Oct. 29, 2024. Karen Roses, a flower company based in Nairobi, Kenya, is gearing up to showcase its cut flowers at the 2024 China International Import Expo (CIIE) in November. (Xinhua/Wang Guansen)

Reflecting on the historical shift in global trade, Iraki applauded China's burgeoning presence. He projected a promising trajectory for Kenya-China trade hinged on Kenya's embrace of Chinese products and services, and China's dedication to quality and affordability.

Regarding investment, Iraki said China's status as the "workshop of the world" has naturally attracted foreign investment, which is bolstered by its efficient systems and supply chains.

On China's assistance to Africa, the Kenyan expert highlighted its unconditional and visible nature, which is often manifested in infrastructure projects like roads and ports, as opposed to the conditional aid from some Western countries.

Scan the QR code and push it to your mobile phone

Keyword: China-Kenya trade China-Africa

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial