Monday, 16 May 2016

Three myths about China in Kenya (Apurva Sanghi, Dylan Johnson, Brookings)

Reuters/Noor Khamis - A Chinese construction engineer works at a section of the Mombasa-Nairobi standard gauge railway (SGR) at Emali in Kenya October 10, 2015.

In recent years, China’s presence in sub-Saharan Africa has risen rapidly. Many fear that China spells doom for the Kenyan economy. Producers of manufactured goods, for example, face more competition from China in both foreign and domestic markets. Others argue that China will exploit Kenya’s resources and leave it unable to industrialize. If the manufacturing sector fails to take off, it will be harder to move people out of poverty

http://www.brookings.edu/blogs/future-development/posts/2016/05/16-myths-china-kenya-sanghi-johnson

No comments:

Post a Comment