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The Standard Group Plc is a
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China’s grip on the Kenyan economy tightened in the first quarter of this year after the value of imports from the Asian nation rose 45 per cent to hit Sh92.8 billion.
Latest data from the Kenya National Bureau of Statistics (KNBS) shows that Kenya has on average been importing goods worth Sh23 billion every month from China between January and April this year. This saw the China overtake India as the biggest source market for Kenyan imports.
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