A Primer on China's Role in the Worsening Zambian Debt Crisis

Dec 1, 2023

Zambia's debt restructuring deal has collapsed as rival creditors feud over payment priority. The negotiation process between Zambia and its creditors is mired in disagreement. The slow progress of the G20 common framework for debt relief is analyzed. China's approach to the Zambian debt crisis is explored, examining internal struggles and external influences. African countries face challenges in pushing back against China, highlighting their lack of China competency.

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Introduction

00:00 • 2min

Zambia's Debt Restructuring Setback

01:59 • 7min

Negotiation process and disagreement between official creditors and bondholders

08:48 • 5min

The G20 Common Framework for Debt and its Challenges

13:25 • 5min

Understanding the Complexity of China's Approach to the Zambian Debt Crisis

18:31 • 14min

China's Leverage and African Uncertainty

32:58 • 8min