Chinese ambassador to Kenya ,Zhou Pingjian disclosed that Kenya owes China 10% of its total debt.
Pingjian argues that China is not overburdening the country with loans such information is misleading Kenyans.
According to him other Western nations are the leading creditors to Kenya. China respects the wishes of the people and its finances focuses on infrastructure and manufacturing related sectors to meet the regional needs.
China always respects the wishes of the African people and China’s financing to Africa mainly focuses on infrastructure and manufacturing-related sectors to meet the region’s real needs.
In addition, China has never attached any political strings to debt agreements, never forced any African country to take out loans, and never pressed for debt service by any African country. Not a single African country slid into debt predicaments or has been forced to mortgage its ports, mines, or other strategic resources to China just because it has financing cooperation with China,” the Chinese ambassador said.
In Kenya china has constructed the Standard Gauge Railway (SGR) ,Nairobi , Expressway,Thika Super Highway ,Lake-Turkana Suswa power line transmission.