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China Denies Ethiopian Media Report It’s Providing Addis Ababa With “Alternative Means” of Debt Relief

Chinese Foreign Ministry Spokesperson Mao Ning speaking to reporters on Tuesday at the regular press briefing in Beijing. Image via the Chinese Ministry of Foreign Affairs.

The Chinese Ministry of Foreign Affairs flatly denied a report published in the English-language Ethiopian news site The Reporter that “China agreed to restructure Ethiopia’s debt through alternative means.”

Ethiopia is the second-largest recipient of Chinese loans in Africa, behind Angola, and has already formed a creditor committee to restructure the country’s $28 billion external public debt.

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