Follow CGSP on Social Media

Listen to the CGSP Podcast

China on Debt: It’s Not Us, It’s You

Chinese Foreign Ministry Spokesperson Mao Ning renewed criticism of the U.S. for question's Beijing's role in the Zambian debt crisis. Image via the Chinese Ministry of Foreign Affairs.

Chinese Foreign Ministry spokesperson Mao Ning pushed back against recent allegations by senior Western officials that China is holding back debt restructuring in Zambia. Citing recent statistics from the Zambian government, Mao pointed out that Zambia’s debt burden is predominantly Western, with 24% to (Western-led) multilateral institutions and 46% to (mostly Western) private lenders.

She reacted to a question about two recent allegations, from U.S. Treasury Secretary Janet Yellen that China is a “barrier” to debt reform, and World Bank President David Malpass, who said: “China is asking lots of questions in the creditors committees and that causes delays and strings out the process.”

  • 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.