China is positive force in Kenya's economy: Kenyan business leader

sport2024-05-21 10:12:0326452

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. ■

Address of this article:http://croatia.soorot.com/html-30a099891.html

Popular

Everybody may love Raymond, but Ray Romano loves Peter Boyle

Xi Sends Congratulations to 32nd Arab League Summit

View of Great Wall in Beijing

Intl beer festival to open in Qingdao WCNA

Kate Hudson hits the stage to debut songs from her new album Glorious at star

Migrating grey cranes fly to national wetland park in SW China's Yunnan to overwinter

Xi Story: The Growth Story of a 'Dot'

Borders no boundary to protecting cranes

LINKS