Zambia: Yellen in Zambia to Discuss Debt to China, Public Health

Visitors to Lusaka arriving at the renovated Kenneth Kaunda International Airport see a facility expanded in 2015 with Chinese financing. A ride into the city passes billboards and newly built firms bearing Chinese signage, more evidence of Beijing’s influence and increasing competition with the U.S.

How Zambia’s debt is renegotiated with the Chinese will provide a test case for how lenient China will be with other overextended nations that face debt distress.

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