Monday, October 7, 2019

China, Zambia, and Debt

The China-Africa Project published on 7 October 2019 an interview with Solange Chatelard, Free University of Brussels, titled "Are We Heading for a China-Zambia Break-up over Debt? Probably Not."

Chatelard blames bad debt management by Zambia for the problem and concludes that China will probably restructure part of Zambia's debt because Beijing has geopolitical strategic interests that it needs to protect with Zambia.