China's direct investment in Kenya drops sharply

Nairobi, Kenya — A report by Kenya's National Bureau of Statistics shows a significant drop in direct investment from China. The report says Beijing's investments in Kenya fell by more than a third over the last three years. Analysts say China is increasingly focused on exporting products rather than investing. Jimmy Yimming, a Chinese manufacturer who makes human hair products, showcased wigs at a Kenyan mall. Yimming said he traveled to Nairobi to try to find Kenyan partners for his business.