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Zambia Stands to Benefit From Rising Copper Prices Due to Heightened Chinese Demand

by Eric Olander

While Zambia tries to figure out how if/how it plans to restructure its $12 billion debt portfolio, government coffers stand to benefit from resurgent copper prices, a major source of export earnings.

The price of copper recently touched a two-year high on the London Metals Exchange at $7,000 per metric ton. The economic recovery in China, according to investors, is helping to boost the price of the red metal. 

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