Follow CGSP on Social Media

Listen to the CGSP Podcast

Xi Reportedly Agrees to Reschedule Republic of Congo’s Chinese Debts

File image of Chinese President Xi Jinping and Congo's President Denis Sassou Nguesso. Ng Han Guan / POOL / AFP

Chinese President Xi Jinping has reportedly agreed in principle to reschedule the Republic of Congo’s debts to Beijing in a move that will presumably pave the way for a half-a-billion dollar IMF rescue package to take effect.

President Xi made the offer during a call on Monday with President Denis Sassou Nguesso, according to Congolese Finance Minister Rigobert Roger Andely, reported Reuters.

  • 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?


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


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.


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


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