Kenya’s President Ruto talks trade with China, says country is reshaping new world order
Kenya’s President William Ruto says the ongoing trade tariff wars could signal the end of the old-world order as China continues to chart her own path. President Ruto who is in Beijing China for a state visit has signed several trade deals in ICT, Urban transportation and Infrastructure.
Wed, 23 Apr 2025 15:09:28 GMT
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AI Generated Summary
- President Ruto advocates for a fair, inclusive, and sustainable new world order during his state visit to China, highlighting the need to measure success in terms of human development and dignity.
- President Ruto positions Kenya as a bridge between East and West amidst growing geopolitical tensions, emphasizing the importance of trust, vision, and partnership between China and Africa.
- President Ruto addresses the shifting landscape of technology and demographics, underscoring the importance of people in economic development, and raises concerns about outdated structures in global financial architecture, calling for reforms to address current challenges.
Kenya’s President William Ruto, currently on a state visit to China, has emphasized the need for a new world order that is fair, inclusive, and sustainable. Speaking at Peking University, President Ruto outlined Kenya and China’s role as co-architects of this transformative paradigm shift. The visit, the first African state visit to China this year, is seen as a significant step in building bridges between East and West amid deepening geopolitical tensions. President Ruto highlighted the importance of measuring success not just in GDP growth or trade volumes, but in the number of lives uplifted, futures secured, and dignity restored. The president drew parallels between his visit to China and his 2024 visit to the United States, underscoring Kenya’s potential as a mediator between various global powers. President Ruto called for greater trust, vision, and partnership between China and Africa to lay the groundwork for a 21st-century multilateralism that benefits all of humanity. He also pointed out the shifting landscape of technology and demographics, emphasizing that disruptive innovations can emerge from anywhere in the world and that economic development is intrinsically linked to the people who produce and consume. President Ruto raised concerns about the outdated structures of international organizations like the United Nations and the Bretton Woods institutions, calling for reforms to address current challenges such as liquidity, inadequate finance for development and climate action, the cost of capital, and recurring debt crises faced by developing nations.