Wang Yi meets Democratic Republic of Congo’s President Felix Tshisekedi in Kinshasa on Wednesday. Photo: Xinhua
Wang Yi meets Democratic Republic of Congo’s President Felix Tshisekedi in Kinshasa on Wednesday. Photo: Xinhua

China cancels Democratic Republic of Congo loans as it joins belt and road

  • Beijing writes off US$28 million in matured loans and pledges US$17 million of support in a country where Chinese firms already dominate mining sector
  • But the African nation owed a relatively small debt to China and still needs to rally more international help, analyst says

Topic |   Belt and Road Initiative
Wang Yi meets Democratic Republic of Congo’s President Felix Tshisekedi in Kinshasa on Wednesday. Photo: Xinhua
Wang Yi meets Democratic Republic of Congo’s President Felix Tshisekedi in Kinshasa on Wednesday. Photo: Xinhua
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