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Chinese Media Noticeably Quiet on Zambian Debt Deal

HEADLINE TRANSLATION: [Global Finance] Zambia reaches debt settlement agreement with official creditors

Most major financial news outlets in the U.S. and Europe featured prominent coverage of Friday’s landmark Zambian debt restructuring deal but the story was barely mentioned in China.

The official state-run Xinhua news agency published a short summary of the announcement but, interestingly, never mentioned China’s role either in the talks or the fact that Chinese creditors own an outsized share of the African country’s external debt.

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