Instead of “publicly blaming each other,” both countries have decided to support the African nation’s debt-restructuring efforts China and the US have reached an agreement to assist Zambia in resolving its debt burden of over $14 billion. Chinese Ambassador to Zambia Du Xiaohui and his US counterpart, Michael Gonzales, met on Wednesday to discuss the issue and decided to cooperate. Africa’s second-largest copper producer has been making efforts to restructure its economy since August 2020. According to government data, Chinese creditors account for $5.7 billion of the country’s external debt, with about $3.5 billi
Hence then, the article about china and us agree to help zambia resolve debt burden was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( China and US agree to help Zambia resolve debt burden )