Business Daily | by Charles Mwaniki
Kenya spent 60 percent of its export earnings on China-made goods, cementing Beijing’s dominant position in the country’s economy.
Imports from China hit a new high of Sh441 billion in 2021, a 22 percent jump from the previous year, while Kenya’s total export earnings stood at Sh739 billion.
This means that Kenya paid China Sh60 for every Sh100 it earned from selling items like flowers, tea and coffee in Europe to buy Chinese products such as electronics, textiles and household goods…
