Zambia’s election winner expected to push for 20 per cent cut in country’s debt to China

Source: China – South China Morning PostZambia’s election winner Hakainde Hichilema downplayed the country’s ballooning debts to China on the campaign trail but is likely to push for relief on taking office.Earlier this year he said a 20 per cent reduction would be a reasonable starting point for negotiations, saying “there has to be a haircut. It has to be equitable.”However, Hichilema, who has lost five previous elections, did not make the issue of Chinese debt as prominent as in previous campaigns and will need Beijing’s help in…Read More

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