China in Africa: Zambia’s Chinese debts nearly double the official count, study says
Published
Sep 28 2021 at 10:00 PM GMT
Key
Points
Points
- The administration of Zambia’s former president Edgar Lungu may have underplayed the burden of Chinese loans among its external creditors, a new report from a US-based research programme shows.
- Lusaka owed Chinese financiers US$6.6 billion as of August – nearly double the US$3.
- 4 billion that the southern African nation had revealed previously, according to the report from the China Africa Research Initiative (CARI) at the Johns Hopkins University’s School of Advanced International Studies.
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- Published Sep 28, 2021 10:00 PM GMT