Why Chinese expats and China firms’ earnings continue to drop

Chinese workers inspect the Nairobi-Naivasha SGR line. FILE PHOTO | NMG

Chinese expatriates and earnings from China firms in Kenya have dipped as Beijing continues to recalibrate its relations with the continent amid high debt levels in most African countries, new data shows.

The data from Johns Hopkins’ China Africa Research Initiative shows that the Chinese firms in Kenya raked in revenues of Sh274.1 billion ($2.106 billion) from the various projects they had in the country by the end of 2022.

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Note: The results are not exact but very close to the actual.