China Square
China Square is a business hub located at Unicity Mall, next to Kenyatta University along Thika Road, Kenya.[1] The mall became popular in Kenya for selling electronics, clothing, and different household items at lower costs than local stores.[2]
Controversial closure
After only one month of operating in Kenya, rival traders started complaining about prices and Kenya's Trade Minister, Moses Kuria, reinstated that Chinese investors would be supported as manufacturers not traders.[3] The Kenyan Trade Minister announced plans to lease the site to the competing small traders and support China Square owners in setting up a manufacturing plant in Kenya in order to work with distribution partnerships with traders in Eastleigh, Kamukunji, Muthurwa, River Road Traders, Gikomba, and Nyamakima.[4]
On February 26, 2023, China Square announced it will be closed indefinitely.[5] The company initially cited public safety issues due to the high volume of traffic, shortage of tills and not being able to meet customer expectations.[6] Before closing, the mall reportedly sold Sh10 million ($78,678) worth of goods daily.[2]
The Kenya China Chamber of Commerce (KCCC) criticized Trade Cabinet Secretary for proposing buying China Square's lease and evicting its owner without consultation, and violating Kenya's policy on having an unbiased environment for trade and investments.[7]
Branches
Nairobi
- Unicity Mall, Thika Road
- Waterfront Mall, Karen Road
- Greenspan Mall, Dakar Road
- Two Rivers Mall, Limuru Road
- Hyper Mall, Langata Link Rd
Mombasa
- Nyali Bazaar Mall, Fidel Castro Odinga Road
Kisumu
- Mega City Mall, Kisumu
References
- ^ pm, Brian Kimani on 26 February 2023-4:10. "China Square Announces Indefinite Closure of Mall, Cites 3 Reasons". Kenyans.co.ke. Retrieved 2023-02-27.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ a b Robi, Amos (2023-02-25). "China Square owner reacts to CS Kuria's move to push him out off KU mall". Pulselive Kenya. Retrieved 2023-02-27.
- ^ "Chinese-owned store shuts doors in Kenya after rivals complain about prices". South China Morning Post. 2023-02-27. Retrieved 2023-02-27.
- ^ "How chance visit to 'overpriced' Kenyan supermarkets birthed China Square". Nation. 2023-02-26. Retrieved 2023-02-27.
- ^ GROUP, NTV KENYA-NATION MEDIA. "NTV Kenya: China Square to remain closed 'until further notice'". NTV Kenya. Retrieved 2023-02-27.
- ^ "China Square closes down indefinitely". The Star. Retrieved 2023-02-27.
- ^ Tonny, Oliver (2023-02-27). "Kenya China Chamber of Commerce criticizes Moses Kuria's remarks on China Square". KenyanStory. Retrieved 2023-02-27.
Content Disclaimer
Informasi ini disarikan dari Wikipedia dan disajikan kembali untuk tujuan edukasi. Konten tersedia di bawah lisensi CC BY-SA 3.0. Kami tidak bertanggung jawab atas ketidakakuratan data yang bersumber dari kontribusi publik tersebut.
- The information displayed on this website is sourced in part or in whole from Wikipedia and has been adapted for the purpose of restating it. We strive to provide accurate and relevant information, however:
- There is no guarantee of absolute accuracy. Wikipedia is an open, collaborative project that can be edited by anyone, so information is subject to change.
- It is not intended to constitute professional advice. The content displayed is for informational and educational purposes only. For important decisions (e.g., medical, legal, or financial), please consult a professional.
- Content copyright. Wikipedia is licensed under the Creative Commons Attribution-ShareAlike License (CC BY-SA). This means that content may be reused with appropriate attribution and shared under a similar license.
- Responsible use. Any risk arising from the use of information from this website is entirely the responsibility of the user.