Flash Report /
Zambia

Zambia: Extent of hidden Chinese debt revealed

  • Johns Hopkins SAIS-CARI estimates Chinese debt stock of US$6.6bn, nearly double the officially reported US$3.4bn

  • Does not necessarily mean stock of external debt is higher, with much of the increase likely buried in "other" line item

  • Still raises concerns on transparency, and will increase the role that Chinese creditors play in restructuring

Zambia: Extent of hidden Chinese debt revealed
Patrick Curran
Tellimer Research
29 September 2021
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