Wednesday, August 3, 2022

China Works with International Community on Zambian Debt Relief

 The Christian Science Monitor published on 1 August 2022 an article titled "China's Shift on Debt Relief."  

Zambia was the first country in Africa to default on its debts during the coronavirus pandemic.  The holders of Zambia's debt, including China, reached a deal that avoids a crisis and may offer a roadmap for other highly indebted countries.