China is positive force in Kenya's economy: Kenyan business leader
Time:2024-05-21 08:36:34 Source:sportViews(143)
NAIROBI, April 8 (Xinhua) -- China is a positive force in the economy of Kenya, said the chief of the Micro, Small and Medium Enterprise (MSME) Alliance of Kenya, the umbrella body of small entrepreneurs, at a business forum here Monday.
Ben Mutahi, the chairperson of the MSME Alliance of Kenya, told journalists in Nairobi, the capital of Kenya, that China has emerged as the preferred source country for electronic goods, textiles, cosmetics, vehicle accessories and machinery.
"Chinese goods dominate the Kenyan market as consumers prefer them as they are suited to the tastes of consumers and are also affordable," said Mutahi during the business forum organized by I&M Bank Kenya.
According to Mutahi, Chinese factories can manufacture large quantities of goods to Kenyan specifications in 30 days, compared to other countries, which usually take more than 60 days.
He noted that merchandise once at the port of exit in China can arrive at the Kenyan port of Mombasa in 21 days due to the presence of many shipping lines that ply the route between the Asian nation and Kenya.
Data from the Kenya National Bureau of Statistics indicated that imports from China hit 3.48 billion U.S. dollars in 2022, accounting for 18.2 percent of Kenya's total import bill that year. ■
Previous:Trump accepts a VP debate but wants it on Fox News. Harris has already said yes to CBS
Next:US overdose deaths dropped in 2023, the first time since 2018
You may also like
- Ben Whishaw lights up the Croisette as he joins his co
- Population Survey to Monitor Development
- Flame for Hangzhou Asian Para Games Lit in Guangzhou
- Life Skills Improve Lives for Those with Disabilities
- Storms damage homes in Oklahoma and Kansas. But in Houston, most power is restored
- GLOBALink
- Xinjiang Sees Record Tourist Arrivals As Security Improves: Regional Chair
- CCTF Listed as National 5A
- Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry