National Treasury report indicated that Kenya’s borrowing from China reduced significantly from KSh 7.05 billion recorded in 2021 to KSh 6.83 billion in 2022.
Tagged By finance
Xi Jinping’s Power Grab Spooks China Investors
The concern is that President Xi now has unfettered power to pass policies that are not friendly to the market,” says Justin Tang of United First Partners.
China waits till congress’s end to release key economic data
China unexpectedly released delayed economic data Monday, a day after the conclusion of a key Communist Party congress, showing weak growth and prompting markets to plunge. Last week, China’s …
China Appoints Three Policy Bank Executives After Party Congress
China has named Xu Shouben and Wang Weidong as vice presidents of China Development Bank (CDB), the nation’s biggest policy lender, according to statements released by China’s banking regulator on …
China waits till congress end to release key economic data
China on Monday unexpectedly released delayed economic data a day after the conclusion of a key Communist Party congress, showing weak growth and prompting markets to plunge. Last week, China’s …
Dollar absorbs suspected yen intervention, China data mixed
The U.S. dollar weathered another suspected blast of Japanese intervention to push higher on the yen on Monday, while for equities a drop in Chinese markets took the shine off hopes for an eventual …
6 key surprises from China’s Communist Party Congress
China’s President Xi Jinping on Sunday secured a precedent-breaking third leadership term and introduced a new Politburo Standing Committee stacked with his key allies. The events over the past week …
China GDP and activity data show mixed recovery from Covid
GDP pointed to faster-than-expected growth against the consensus forecasts. But data breakdown paints a mixed recovery picture, which is …
China central bank head likely to step down amid reshuffle
China’s central bank chief Yi Gang is likely to step down after he was dropped from an elite body of the ruling Communist Party, with a former central banker a leading contender to succeed him,…
China’s Central Bank Chief Seen Retiring As Reformers Axed
Yi Gang, chief of China’s central bank chief, is likely to step down after being dropped from the Communist Party’s Central Committee, sources have said. There has been much speculation about the …
Green finance: Sustainability deal outlook rosy in China, Asia despite drag from interest rates, currency risk this year
Issuance of green and sustainable bonds has declined globally and in the region amid rising interest rates Bankers are bullish about ESG bond issuance in China and Asia thanks to ongoing funding needs …
Xi says China’s economy has high resilience, room for manoeuvre
China’s economy has high resilience, sufficient potential and room for manoeuvre, President Xi Jinping said on Sunday, during a ceremony where China unveiled the new members of its highest political …
Why US tech controls on China could end up hurting American semiconductors
When the U.S first banned the sale of certain tech products to Chinese tech firm Huawei three years ago, it crippled a once proud national champion and sent ripples across the U.S semiconductor …