Tuesday, February 14, 2023

China and the Zambian Debt Crisis

 The Harvard International Review published on 25 January 2023 an analysis titled "Chinese Investment in Africa: A Reexamination of the Zambia Debt Crisis" by Evan Hsiang.  

The author concludes that the Zambian debt crisis reveals how a lack of development drives African loans with chronic mismanagement by both China and Zambia creating today's crisis.