Chinese Lending

Total 10 Posts

U.S./Chinese Leaders Spar on Zambia Debt Issues

U.S. Secretary of Treasury Janet Yellen's recent statements on China being a "barrier" to resolving the debt issues in Zambia provoked a harsh response from the Chinese government.

China's Foreign Minister Visits Africa, Talks Debt and Other Support

This week, China's new Foreign Minister Qin Gang is visiting Africa to "deepen the China-Africa comprehensive strategic and cooperative partnership and boost friendly cooperation between China and Africa."

China and Ecuador Restructure Debt, Continue Trade Talks

Last week, China and Ecuador announced an agreement to restructure Ecuador's $4.4 billion in outstanding debt, and also advanced trade talks and said they hoped to reach a trade deal by December.

Estimating the Value of China's Recent Loan Forgiveness to Africa

A new report by a Boston University center offers some analysis of the recent decision of the Chinese government to forgive some interest-free loans made in African countries.

Chinese Loan Helps Huawei with Solomon Islands Contract for Communications Towers

Last week, the Solomon Islands government announced that it had signed a contract with Huawei for the construction of mobile communications towers, with US$66 million in funding for the deal coming from China's Exim Bank.

China To Waive 23 Loans for African Countries

In a speech last week, a Chinese official said that China will waive repayment of interest-free loans for 17 African countries.
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