China has
beaten the US and UK as Kenya’s new source of inspiration.
According to a survey carried out by Consumer Insight, many Kenyans now look up
to the world’s second largest economy for business, political, and social
inspiration. China
has grown by double digits in the last 30 years or so, a growth that has seen the
country lift over 300 million people from extreme poverty. The new Chinese
President, Xi Ping, has coined a new term, ‘The Chinese dream’, in a bid to
lift China
to the next level of growth. Goldman Sachs, a leading Global investment bank,
predicts that China will
overtake the US
as the world’s leading economy by 2030, and in real standards of living by the
end of this decade.
Africa too has moved to cash on the growth of China, securing
crucial trade and aid deals. However, even then, many Western countries have
accused China of giving aid without regard to human rights,
something that China
vehemently disputes.
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