Briefly

Trade with Kenya hits record high in Q1

Bilateral trade between China and Kenya reached a record high in the first quarter of the year, official data showed, demonstrating the deepening economic ties between the two countries. According to the General Administration of Customs, goods trade between the two countries in the first three months climbed 11.9 percent year-on-year to reach 16.13 billion yuan ($2.24 billion), marking the sixth consecutive quarter of growth. China's exports to Kenya saw a year-on-year increase of 11.8 percent during the period, while imports from Kenya went up by 13.2 percent.

Yuan strengthens against greenback