Ethiopian ambassador to China Teshome Toga Chanaka said the two sides were in talks to restructure loans that have “put serious stress on our repaying capability”. Photo: Simon Song

Ethiopia in talks with China to ease ‘serious debt pressure’ tied to New Silk Road rail link, envoy says

But Ethiopian ambassador to China Teshome Toga Chanaka insists signing on to the Belt and Road Initiative ‘makes a lot of sense’
He rejects criticism that the plan is a ‘debt trap’ for developing economies

Topic | China-Africa relations

Laura Zhou

Published: 10:00pm, 24 Mar, 2019

Updated: 1:21pm, 16 Apr, 2019

Ethiopian ambassador to China Teshome Toga Chanaka said the two sides were in talks to restructure loans that have “put serious stress on our repaying capability”. Photo: Simon Song

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Laura Zhou

Laura Zhou joined the South China Morning Post's Beijing bureau in 2010. She covers China's diplomatic relations and has reported on topics such as Sino-US relations, China-India disputes, and reactions to the North Korea nuclear crisis, as well as other general news.