WORLD Chinese investment helps Kenya rebuild, Kenyan President tells CNN

WORLD

Chinese investment helps Kenya rebuild, Kenyan President tells CNN

By Qu Qiuyan | People's Daily app

20:41, October 31, 2018

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(Photo: Screenshot of CNN interview)

Kenyan President Uhuru Kenyatta said Chinese investment has helped Kenya rebuild in a rencent CNN interview. 

The president also questioned why Kenya's debt critics only focus on debt owed to China while other countries that have lent money to the country.

Kenyatta says Kenya has a "healthy mix of debt" because the country's lenders are not only China but also Japan, the United States and many others.

"We have borrowed from China. We have borrowed from the United States…Why are we focusing only on one lender?” Kenyatta replied while being questioned by the CNN's Richard Quest. 

"As far as I am concerned, we have a very healthy mix of debt from the multilateral lenders — who are basically the World Bank and the African Development Bank — to bilateral lenders like Japan, China and France, all of whom are participating and working with us to help us achieve our objectives," Kenyatta added.


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