China's export expansion is commonly associated with lower global manufacturing prices. For most countries, lower prices heighten global competition but also allow importing a cheaper and wider set of inputs and consumer goods. This paper investigates the balance of these two forces in Kenya,...

As a middle-income country, Kenya is moving beyond the world of foreign aid. China Eximbank operates like a commercial bank. Understanding this world requires new tools and language. Chinese loan contracts allow disclosure when required by borrowers’ laws. Kenya's Constitution is ambiguous on...

In December 2018, a leaked letter from Kenya's Auditor General warned that the Kenya Ports Authority's assets - of which Mombasa Port is the most valuable - risked being taken over by China Eximbank if Kenya defaulted on the Standard Gauge Railway loans. The rumor that Kenya had used Mombasa...