China is the single biggest lender in Zambia, with the money going into infrastructure projects including airports, highways and power dams. Photo: Bloomberg
China calls for multilateral lenders to ease Zambia’s debt burden
- Beijing says these financial institutions and ‘predominantly Western commercial lenders’ hold the bulk of the African nation’s foreign debt
- It comes after World Bank chief David Malpass said China had been causing delays in Zambia’s debt restructuring negotiations
China is the single biggest lender in Zambia, with the money going into infrastructure projects including airports, highways and power dams. Photo: Bloomberg
