Zambia has borrowed heavily from China to fund infrastructure projects, including airports. Photo: Bloomberg
Zambia has borrowed heavily from China to fund infrastructure projects, including airports. Photo: Bloomberg

Zambian debt negotiations hit potential sticking point over treatment of Chinese lender

  • Beijing is expected to push the IMF to allow China Development Bank to be treated like other commercial lenders rather than a state-backed one
  • The issue is likely to set a precedent for other indebted nations and Beijing is unlikely to want to face a series of demands to cancel debts outright

Zambia has borrowed heavily from China to fund infrastructure projects, including airports. Photo: Bloomberg
Zambia has borrowed heavily from China to fund infrastructure projects, including airports. Photo: Bloomberg
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