CHINA REAFFIRMS STANCE ON DEBT

By Michael Kaumba

The Chinese government has reaffirmed its stance to ensure that Zambia’s debt restructuring talks are concluded in the shortest possible time.

Speaking when he called on Green Economy Minister, COLLINS NZOVU at his office in Lusaka, Chinese Ambassador to Zambia, DU XIAOHUI says his government is happy with the way talks have progressed over the matter.

Mr DU says it is in the best interest of both China and Zambia that the debt situation is resolved quickly to enable the two countries to focus on other areas of mutual cooperation and interest.

He explained that President HAKAINDE HICHILEMA and Chinese President, XI JINGPIN made it clear in their last phone call that settling Zambia’s debt crisis is important.

Earlier, Mr NZOVU said Zambia wants to tap into China’s vast knowledge and know how in the areas of regeneration of forests and the carbon cycle economy.

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