The Chinese government is responding to critics who charge that Beijing is not doing enough to resolve the rapidly escalating debt crisis in Africa, especially in Zambia. “We have signed debt-relief agreements with the majority of countries that have requested it, and are holding consultations with the remaining countries,” the Foreign Ministry said on Friday in a written response to questions submitted by Bloomberg.
Later, Wu Peng, China’s top diplomat for sub-Saharan Africa took to Twitter to bolster the government’s case. “Chinese financial institutions are actively resolving the debt issue of Zambia and other African countries,” he said.
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Zambian President Haikinde Hichilema landed in the southern Chinese megacity of Shenzhen on Sunday to kick off a six-day visit to China that will include highly-anticipated talks with his Chinese counterpart Xi Jinping ...
Zambian President Haikinde Hichilema returned home this weekend from a week-long trip to China that appeared to be as much about sightseeing as it was about conducting substantive diplomacy. During the last stop of ...
The Chair of the Paris Club of wealthy donor states, Odile Renaud-Basso, is increasingly confident that China will join the broader international effort to provide debt relief to countries facing high levels ...
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