The Complicated Geopolitics Behind the G20’s Debt Suspension Program

Africa economist Mark Bohlund made an interesting observation yesterday following the news that both Djibouti and Zambia had been approved by the G20 to take part in the Debt Service Suspension Initiative. The fact that both countries owe little to nothing to one of China’s largest policy banks, the China Development Bank, may have played a role in their admission to the DSSI.

There are longstanding concerns in U.S. and European capitals that any debt relief afforded to African countries may be used to repay loans to China or that China’s three enormous policy banks will otherwise benefit indirectly.

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.