Focus topics

Study: Zambia heavily indebted to China

South Africa’s Zambia is much deeper in debt to Chinese banks than previously believed. The landlocked country may owe its creditors nearly twice what the government has previously disclosed, according to a new study by Johns Hopkins’ China Africa Research Initiative. According to the study, the country owes Chinese banks and government agencies the equivalent of €5.6 billion. The figure released by the Zambian government is only the equivalent of €2.9 billion. In total, Zambia’s foreign debt amounts to the equivalent of €12.2 billion-

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now


    BYD signs supply contract with Sixt
    Settlement of lawsuit against founder
    Comac C919 receives certification
    Chinese Chamber of Commerce sees poor sentiment