WEEK IN REVIEW: China-IMF Debt Standoff | France's "New" Africa Strategy | SA Naval Exercises
The China in Africa Podcast
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Will China Play Its Part in Addressing African Debt Distress?
The IMF and the World Bank both say that they take the haircut on the front end by getting these loans at very, very cheap rates. Jiro: China has made it abundantly clear that it is willing to let Zambia be roadkill if it needs to in order to win this fight. The fact that they are holding the line and they're not budging a bit shows you that they are resolute in taking this fight to the end with the MDBs," he says.
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