Monday, September 11, 2023

Zambian President Visiting China; Debt Restructuring at Top of Agenda

 Reuters published on 8 September 2023 an article titled "Zambian President to Visit China, Seeks to Formalise June Debt Deal" by Joe Cash.

Zambian President Hakainde Hichilema is currently visiting China where obtaining final agreement on Beijing's restructuring of debt held by the China Export-Import Bank is one of the primary items on the agenda. Other countries that hold much smaller percentages of Zambia's bilateral external debt include the UK, France, South Africa, India, and Israel.