End of SGR works cuts Kenya's China imports to 3-year low

[John Ashworth]

End of SGR works cuts China imports to a three-year low

SUMMARY

- Data from the Kenya National Bureau of Statistics (KNBS) indicates that orders from China dipped Sh41.42 billion in the January-September 2019 period, adding to the Sh9.40 billion drop in the same period last year.
- The fall points to reduced shipment of capital goods such as transportation equipment and machinery from China on completion of the multi-billion-dollar modern railway project that set back taxpayers more than Sh500 billion.
- KNBS data shows that Beijing shipped in goods worth Sh250.78 billion in the nine months to September, a 14.17 percent drop from the Sh292.2 billion it imported in the same period last year and Sh301.60 billion in 2017...