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China community in Kenya marks 67 years,reflects on trade impact

The Chinese community in Kenya marked 67 years of the founding of the Asian superpower yesterday with a reflection on the economic impact of her three-year cooperation with the country.The Government of China is exploring more ways of strengthening its bilateral relations with Kenya and other African countries, Chinese Ambassador to Kenya Liu Xianfa has said.

Bilateral trade volume between Kenya and China for instance, has grown double in the last three years of cooperation between the two countries recording a high of over $6 billion (Sh600 billion).

Chinese ambassador to Kenya, Liu Xianfa, who led the toast to the People’s Republic of China, said Chinese investments in Kenya and China-Kenya trade keeps expanding making the Asian tiger become the country’s largest trading partner, investor and contractor.

He even predicted that Africa’s industrial transformation would be strongly anchored on her bilateral cooperation with Kenya. “Evidence of my prediction is witnessed in the China-Africa joint research centre, the first Chinese overseas research institute, which is expected to become operational in Kenya this year,” he said.

Xianfa said given the prevailing circumstances, Kenya has become the envy of many in Africa and beyond to become the bedrock of the continent’s transformation through China-Africa industrial cooperation.

source:mediamaxnetwork|16 september 2016

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