What do we want? What kind of economy do we want to have when we grow up? If it is an economy that primarily manufactures stuff, where is our competitive advantage and which are the markets to target? Are we more likely to be manufacturing refrigerators in 15 years and exporting them to Europe or are we going to enter the value chain mid-way by, say, assembling tractors and cars here and selling them into Congo, South Sudan and Central Africa from Malaba to Kampala and on to the north and to the border with Rwanda. People in the know say the Chinese said all the nice things, offered green tea, renewed their assurances of highest consideration, then firmly but politely said no.
Start the conversation, or Read more at Daily Monitor.
Source link : http://www.topix.com/world/kenya/2018/11/not-lending-us-sgr-money-might-be-the-best-thing-china-has-done-for-us?fromrss=1
Publish date : 2018-11-02 02:37:19