FT Reporting Error Sparks Widespread Confusion Over Zambia’s Views on China’s Role in Debt Restructuring Process

Botched reporting in a Financial Times article on Zambian debt made clear how nervous China’s push for the World Bank and other multilateral financers to accept losses as part of debt restructuring is making international stakeholders.

In its corrected form, the report quotes Zambian Finance Minister Situmbeko Musokotwane as criticizing China’s insistence on including the World Bank and co. for dragging out the process.

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by Cobus van Staden

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