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Zambian president vows not to favour Chinese creditors in restructuring

admin by admin
January 30, 2022
in Finance
Zambian president vows not to favour Chinese creditors in restructuring
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Zambia’s president has promised not to favour Chinese creditors over western bondholders as he seeks a resolution to the southern African nation’s debt crisis.

Zambia’s debt woes triggered the continent’s first pandemic-era sovereign default in 2020; Lusaka is in the process of restructuring about $15bn of external debts in order to…



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