Zambia Restructures Debt with China and Other Nations.
TL;DR Summary
Zambia has reached a "watershed" agreement with China over the restructuring of its debt, according to the country's finance minister. The deal will see the rescheduling of debt service payments and the extension of the maturity of some loans. Zambia is one of several African countries that have borrowed heavily from China in recent years, leading to concerns over debt sustainability.
- Zambia Reaches Watershed Deal on China Debt The Wall Street Journal
- Zambia Reaches Agreement to Restructure Debt: Paris Update Yahoo Finance
- Debt-plagued Zambia reaches deal with China, other nations to rework $6.3B in loans, French say The Washington Post
- Can a Paris Finance Summit Tackle the Global Debt Crisis? Foreign Policy
- Five Things To Know About Zambia Barron's
- View Full Coverage on Google News
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