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VEO News > Blog > News > China, Zambian Leaders Re-align
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China, Zambian Leaders Re-align

Samuel Olugbeminiyi
Last updated: 2023/09/15 at 10:47 PM
Samuel Olugbeminiyi Published September 15, 2023
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The Zambian President, Hakainde Hichilema has  met his Chinese counterpart, Xi Jinping in Beijing for bilateral talks as they look to secure a comprehensive strategic partnership.

China has significant stakes in Zambia’s mining sector while the southern African nation seeks to restructure its mounting external debt with its leading creditor.

President Xi said China and Zambia’s friendship had withstood the test of international storms and changes and encouraged more imports from the African country.

Zambia defaulted on its $18.6bn  foreign debt in 2020 at the height of the Covid-19 outbreak, becoming the first country on the continent to default on its external debt since the start of the pandemic.

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TAGGED: Hakainde Hichilema, Xi Jinping, Zambia
Samuel Olugbeminiyi September 15, 2023
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