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Is China Setting the Agenda for Global South Debt Restructuring?

In June, Zambia reached what’s been described as a landmark debt restructuring deal that for the first time brought together the country’s bilateral creditors including China, traditional Paris Club lenders and bondholders.

While the deal is no doubt unprecedented, it also reveals that China was very effective in successful in getting the parties to agree to many of its demands.

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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.