Kenya China Relations: Portrait of Economic Cooperation in the New Millennium

Walter Nyaga, Annabel Munga, Lucy Kinyua, KathyGathu, Weldon Nge’no

Abstract: The economic cooperation between Kenya and China has strengthened since 2003. This is after Kenya’s historic political transition that brought to power the National Rainbow Coalition government headed by President Mwai Kibaki in December 2002. The new government proceeded to immediately formulate a national economic recovery plan and later on Kenya’s economic blue print vision 2030. Under the economic recovery plan of 2003 to 2007, the government prioritized infrastructure, financial sector, Agriculture, manufacturing and tourism as essential preconditions for sustainable economic and social development. To address the gaps in macroeconomic stability and long-term development strategies, Kenya turned to China to finance modernization of strategic sectors of economy hence cementing the political relations between the two states.

Keywords: Infrastructure, Financial sector, Agriculture, Mining, Manufacturing, Tourism.

Title: Kenya China Relations: Portrait of Economic Cooperation in the New Millennium

Author: Walter Nyaga, Annabel Munga, Lucy Kinyua, KathyGathu, Weldon Nge’no

International Journal of Social Science and Humanities Research 

ISSN 2348-3156 (Print), ISSN 2348-3164 (online)

Research Publish Journals

            

Vol. 5, Issue 3, July 2017 – September 2017

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Kenya China Relations: Portrait of Economic Cooperation in the New Millennium by Walter Nyaga, Annabel Munga, Lucy Kinyua, KathyGathu, Weldon Nge’no