Analysis reveals how China's foreign direct investment impacts Kenya's economy, suggesting implications of debt-trap diplomacy.
Kenya is dependent on China to speed up its national development strategies following its ‘Vision 2030’ plan because it finds Chinese loans comparatively better than other loans because of varied reasons explained in the paper. Chinese Foreign Direct Investment (FDI) has increased in Kenya as China finds it feasible to invest in the region looking at the viability of the project. The paper aims to see whether Kenya is benefiting from China’s partnership and how effectively it helps to expand Kenya’s economy. The paper also understands China-Kenya relations along the lines of the Belt and Road Initiative (BRI) and all the infrastructural projects in Kenya. The paper examines the debt-trap diplomacy of China and brings front how the pandemic is accelerating the Kenyan economy’s downfall into China’s hands.
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Tripathi et al. (2021) studied this question.
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