Author Topic: China 2017 imports to pass Sh400 billion  (Read 1057 times)

Offline Kadudu

  • VIP
  • Enigma
  • *
  • Posts: 4194
  • Reputation: 1411
China 2017 imports to pass Sh400 billion
« on: August 21, 2017, 06:09:29 PM »
How long can such a trade deficit be sustained?

Quote
Last year, Kenya exported goods worth Sh10 billion to China but imported goods imports worth Sh337.4 billion from the Asian powerhouse, necessitating a trade deficit of a whopping Sh317.4 billion.

http://www.the-star.co.ke/news/2017/08/21/china-2017-imports-to-pass-sh400-billion_c1619949

Offline RVtitem

  • VIP
  • Enigma
  • *
  • Posts: 840
  • Reputation: 1328
Re: China 2017 imports to pass Sh400 billion
« Reply #1 on: August 22, 2017, 09:34:03 AM »
Tumbilee love free market economy. It is in their veins.

Offline Kadudu

  • VIP
  • Enigma
  • *
  • Posts: 4194
  • Reputation: 1411
Re: China 2017 imports to pass Sh400 billion
« Reply #2 on: August 22, 2017, 09:41:53 AM »
Does China believe in the same "free market economy"? :D :D :D

Tumbilee love free market economy. It is in their veins.

Offline RVtitem

  • VIP
  • Enigma
  • *
  • Posts: 840
  • Reputation: 1328
Re: China 2017 imports to pass Sh400 billion
« Reply #3 on: August 22, 2017, 12:53:04 PM »
Does China believe in the same "free market economy"? :D :D :D

Tumbilee love free market economy. It is in their veins.

We are teaching China how to capitalism works. We are actually eons ahead of china in terms of embracing western values. It's the reason why kenya attract gigantic FDI unlike communist leaning neighbors Tanzania, Ethiopia, Eritrea.