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Thursday, 03 May 2012

China makes a big impact in Kenya and EU members complain

Some years ago, international trade experts sounded an alarm regarding growing ties between Africa and China. According to the Chinese Ministry of Commerce, this reached $126.9 billion in 2010, while trade volume rose by 30 per cent year-on-year during the first three-quarters of 201.  According to an article by Daily Nation, Kenya, as one of China’s top five trading partners, has been the subject of complaints by some EU Member states representatives. They protest in particluar their lack of access to President Kibaki.
In the words of the author: “The trade volume between Africa and EU countries has significantly dropped, which is one of the reasons why diplomats are unhappy with the Kibaki administration […] In a way, these diplomats are under pressure from their metropolitan states to restore the lost glory of cosy African relations as the Chinese have clearly found favour with the Kibaki administration".
The decline of trade activity between Africa and European countries is, according to the author, related to the lack of consumers, as the products exported to Africa are “expensive and inefficient”.

Source: Daily Nation/CTA

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