President Uhuru Kenyatta of Kenya has called on China to rebalance an increasingly skewed trade relationship between Africa and the rising superpower, arguing that Beijing must do more to tackle a widening trade deficit.
Africa’s trade balance with China has moved decisively into deficit due to a fall in the price of many African commodities, such as oil, copper, iron ore and cocoa. In 2015, the most recent year for which there is reliable data, Africa’s 54 countries recorded a $34bn deficit with China on total trade of $172bn, according to the China-Africa Research Initiative (Cari) at Johns Hopkins University, although commodity prices have strengthened somewhat since then.
“As with any country, the?.?.?.?trade deficit is an issue of concern and we will be pushing to see how we can increase opportunities for Kenyan goods to penetrate the Chinese market,” Mr Kenyatta said in an interview with the Financial Times. He did not specify which goods Kenya hoped to export or precisely what Chinese barriers stood in their way.