Zimbabwe’s Finance Minister Mthuli Ncube upset the Chinese embassy in Harare with his budget report. Photo: AFP

China demands explanation as Zimbabwe understates aid figure by US$133 million

  • Southern African nation is asked for ‘full and convincing’ account after finance minister says funding from China in first nine months of 2019 was US$3.6 million
  • By comparison, United States, Britain and European Union contributed a combined US$141 million in the period
Topic |   Zimbabwe

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Zimbabwe’s Finance Minister Mthuli Ncube upset the Chinese embassy in Harare with his budget report. Photo: AFP
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Zimbabwe’s President Emmerson Mnangagwa (right) met China’s special envoy Gu Shengzu (left) in Harare in September. Photo: AP

Will China ever tire of Zimbabwe’s corruption and bad debt?

  • Nations have dismissed claims Beijing has pulled the plug on US$1.3 billion of funding for infrastructure projects, but the lack of return on previous investments is putting a strain on relations, observers say
  • African nation has defaulted on US$2.2 billion worth of loans made by China to Zimbabwe between 2000 and 2017
Topic |   China-Africa relations

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Zimbabwe’s President Emmerson Mnangagwa (right) met China’s special envoy Gu Shengzu (left) in Harare in September. Photo: AP
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