The Director-General of African Affairs in the Chinese Foreign Ministry, WuPeng has weighed in on the debate about the closure of China Square.
In a tweet shared, Peng opined that a nonarbitary and non disciminatory environment was vital for development adding that collective efforts between China and Kenya would benefit the citizens.
"I welcome the statement by @SingoeiAKorir. A nonarbitrary & non discriminatory investment environment is vital to the healthy development of bilateral practical cooperation. I believe that through collective efforts, #China-#Kenya cooperation will better benefit both peoples," he wrote.
Peng was responding to Foreign Affairs Principal Secretary Korirk Sin'Oei who stated that no lawful investor should be worried about non-arbitrary and non-discriminatory.
"No lawful investment actor-irrespective of their nationality should be apprehensive because the country's investment regime is non-arbitrary and non-discriminatory," he stated.
The latest comes amid disputes between Kenyan traders and Chinese investors regarding the retail shop located at Kenyatta University's UniCity mall.
I welcome the statement by @SingoeiAKorir. A non arbitrary & non discriminatory investment environment is vital to the healthy development of bilateral practical cooperation.
I believe that through collective efforts, #China-#Kenya cooperation will better benefit both peoples. https://t.co/QCwubOtfpU— 吴鹏 Wu Peng (@WuPeng_MFAChina) February 27, 2023
Earlier, Trade, Investment and Industry Cabinet Secretary (CS) Moses Kuria stated that the retailer should cease operations in the Kenyan market.
Kuria noted that Chinese investors are not welcome to trade in Kenya.
"We welcome Chinese investors to Kenya but as manufacturers, not traders," he stated.
Foreign Affairs Principal Secretary Korirk Sin'Oei noted that
“No lawful investment actor- irrespective of their nationality- should be apprehensive because the country's investment regime is non-arbitrary & non-discriminatory,” the PS said in a tweet.
