Sharp Daily
No Result
View All Result
Friday, June 6, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

China Square Resumes Operations

Sarah Wamaitha by Sarah Wamaitha
March 6, 2023
in News
Reading Time: 2 mins read
China square

China square [Photo/Courtesy]

Following an agreement between the Kenyan Government and Chinese traders, China Square resumed operations on Monday, March 6, 2023.

Customers were notified by China Square that it has resumed operations at Unicity along Thika Road in a statement.

In addition, the Kenya Chinese Chamber of Commerce (KCCC) applauded the Kenyan government’s decision to permit Chinese traders to restart business.

“We appreciate the positive news about China Square’s resumed operations. This comes after multiple meetings between the Kenyan government and the country’s Chinese community to find a peaceful way out of the impasse, according to the Chinese Chamber of Commerce.

RELATEDPOSTS

International Monetary Fund

How Kenya’s move away from IMF Loans could reshape its economic future

May 26, 2025

Digital lending in Kenya: Convenience meets controversy

May 16, 2025

We appreciate the Kenya Government’s support in allowing the Chinese Community to do business and contribute to Kenya’s growth and development efforts through employment creation and contribution to Kenya’s tax revenue.” the chamber added.

Read: China Square And The Potential For Low-Cost Retail In Kenya

The Chamber also stated that they will continue to foster collaboration between the two countries in promoting Investments, Trade, and Tourism.

Following comments made by Trade Cabinet Secretary Moses Kuria on February 24, in which he indicated his intention to exclude Chinese vendors from the UniCity Mall, the commercial hub announced an indefinite closure on Sunday, February 26.

Kuria claimed that China Square would promote the arrival of Chinese traders who would capitalize on the chances that had been left open for Kenyans.

Lei Cheng, China Square owner had initially raised worries about his company’s closure. In his statement announcing the hub’s shutdown, he said that since the company’s opening on January 29, 2023, the hub has been unable to handle the heavy number of daily customer traffic.

Additionally, he noted that false claims made by customers on social media, as well as complaints about unpleasant shopping experiences, all contributed to the company’s closure.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Carrefour Kenya Appoints Christophe Orcet As New Country Manager

Next Post

Mixed Reactions Over The High Cost Of Living In Kenya

Sarah Wamaitha

Sarah Wamaitha

Related Posts

News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025
News

Leadership challenges at the University of Nairobi

April 24, 2025
News

Easter eggs and earnings: Growing your nest egg with CMMF

April 16, 2025
News

Geoffrey Ruku declares KES 377M net worth during CS vetting

April 15, 2025

LATEST STORIES

How Kenya’s E-Mobility shift could redefine urban planning

June 5, 2025

Economic liberators are the real heroes and heroines of the year

June 5, 2025

Affordable retirement planning for small businesses with CURBS

June 5, 2025

How Kenyan banks can modernize without marginalizing

June 4, 2025

Human rights concerns over activists’ treatment in Tanzania

June 4, 2025

Decoding stock-based compensation

June 4, 2025

Comparative advantage is the secret to real economic take off

June 4, 2025

Understanding inflation and its impact on everyday life

June 4, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024