A photo combination of Zambia’s President Edgar Lungu and Chinese President, Xi Jinping, created on July 21, 2020.Zambia’s President Edgar Lungu has requested debt relief and cancellation from China due to the economic impact of the coronavirus pandemic, his office said.
“Chinese project finance loans to Zambia amount to between US$6 billion and US$9 billion, based on unofficial sources,” said Robert Besseling, director of risk assessment firm EXX Africa.
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