Copper is one of the mainstays of the Zambian economy. Photo: Reuters Copper is one of the mainstays of the Zambian economy. Photo: Reuters
Copper is one of the mainstays of the Zambian economy. Photo: Reuters

Stand-off with Chinese and private creditors threatens to deepen Zambian debt crisis

  • Both Chinese and commercial creditors are worried that if they grant debt relief, other lenders will benefit
  • Impact of Covid-19 blamed for southern African country’s failure to keep servicing its debts

Topic |   China-Africa relations
Copper is one of the mainstays of the Zambian economy. Photo: Reuters Copper is one of the mainstays of the Zambian economy. Photo: Reuters
Copper is one of the mainstays of the Zambian economy. Photo: Reuters
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