Kenya stands to reap big from China’s rebalancing economy, says WB

Kenya’s economy is set to earn close to Sh400 billion from its trade with China by 2030 representing cumulative gains that the country stands benefit from the Asian giant slowing economy and rebalancing.

Data from the latest edition of the World Bank’s Africa Pulse report indicates that Kenya stands to benefit the most among the sub-Saharan Africa’s countries as the Asian superpower economy move away from an industry and investment-led growth model to one more driven by the services sector and consumer spending.