https://en.sputniknews.africa/20230723/china-top-diplomat-calls-kenya-economic-ties-a-win-win-1060707344.html
China Top Diplomat Calls Kenya Economic Ties a 'Win-Win'
China Top Diplomat Calls Kenya Economic Ties a 'Win-Win'
Sputnik Africa
The director of the Chinese Communist Party's foreign affairs office, Wang Yi, during a visit to Kenya on Saturday praised the two countries' economic... 23.07.2023, Sputnik Africa
2023-07-23T03:33+0200
2023-07-23T03:33+0200
2023-08-03T10:50+0200
sub-saharan africa
east africa
kenya
china
william ruto
wang yi
international
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Kenya and China have "become good friends with mutual trust in politics and good partners with win-win economic cooperation", according to the statement from the Chinese embassy in Kenya. With the most dynamic economy in East Africa, Kenya is considered by the international community as a stable democracy in a troubled region. China is the second-largest donor to Kenya after the World Bank. In Mombasa, on the Kenyan coast, China is financing the construction of a new terminal in East Africa's largest port. China has also loaned $5 billion (4.7 billion euros) toward the most expensive infrastructure project in the country since its independence in 1963: a train line that since 2017 has connected the port city Mombasa with Naivasha, in the Rift Valley, via the capital Nairobi. Kenyan President William Ruto, elected last year, in a tweet, stressed "our commitment to strengthening the Kenya-China strategic partnership centred on infrastructure development, climate change" But China is often accused of using its creditor status for gaining diplomatic or trade concessions, raising concerns about many African countries' ability to assume the debts contracted. China, the world's number two economy, rejects practising "debt-trap diplomacy" as an unfair criticism from Western rivals who have themselves burdened nations with huge debts Kenya's economy is particularly burdened by debts of $70 billion, around 67 percent of its GDP. After visiting Kenya, Wang will visit South Africa on July 24 and 25 ahead of the BRICS summit next month, a group that includes South Africa, Brazil, China, India and Russia.
https://en.sputniknews.africa/20230722/wang-yis-african-tour-beijing-insists-it-does-not-interfere-in-african-affairs-1060691244.html
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east africa, kenya, china, william ruto, wang yi, international
east africa, kenya, china, william ruto, wang yi, international
China Top Diplomat Calls Kenya Economic Ties a 'Win-Win'
03:33 23.07.2023 (Updated: 10:50 03.08.2023) Agence France Presse (AFP)
The director of the Chinese Communist Party's foreign affairs office, Wang Yi, during a visit to Kenya on Saturday praised the two countries' economic partnership as a "win-win", according to a statement from the Chinese authorities.
Kenya and China have "become good friends with mutual trust in politics and good partners with win-win economic cooperation", according to the statement from the Chinese embassy in Kenya.
With the most dynamic economy in East Africa,
Kenya is considered by the international community as a stable democracy in a troubled region.
China is the second-largest donor to Kenya after the World Bank.
In Mombasa, on the Kenyan coast, China is financing the construction of a new terminal in East Africa's largest port.
China has also loaned $5 billion (4.7 billion euros) toward the most expensive infrastructure project in the country since its independence in 1963: a train line that since 2017 has connected the port city Mombasa with Naivasha, in the Rift Valley, via the capital Nairobi.
"The landmark project of the Mombasa-Nairobi Railway has completely changed the face of Kenya," the embassy's statement said.
Kenyan President
William Ruto, elected last year, in a tweet, stressed "our commitment to strengthening the Kenya-China strategic partnership centred on infrastructure development, climate change"
But China is often accused of using its creditor status for gaining diplomatic or trade concessions, raising concerns about many African countries' ability to assume the debts contracted.
China, the world's number two economy, rejects practising "debt-trap diplomacy" as an unfair criticism from Western rivals who have themselves burdened nations with huge debts
Kenya's economy is particularly burdened by debts of $70 billion, around 67 percent of its GDP.
After visiting Kenya, Wang will visit South Africa on July 24 and 25 ahead of the BRICS summit next month, a group that includes South Africa, Brazil, China, India and Russia.
