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Zambia: Increased Criticism Of China's Grip On The Economy - Foreign Affairs - Nairaland

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Zambia: Increased Criticism Of China's Grip On The Economy by Sipcyp(m): 6:31am On Sep 24, 2018
In Zambia, criticism is growing against China's growing hold on the national economy. Despite denials from the government, some Zambians believe that the country's debt is skidding. This situation is partly due to the large loans contracted by the government from its Chinese partner. The lack of transparency of these economic agreements is regularly pointed out.

The anti-Chinese sentiment is more and more perceptible in Zambia, whether to denounce the conditions of local workers employed by Chinese people or to worry about a future debt crisis in the country.

Even if the government says otherwise, some members of the opposition are convinced that Zambian debt is exploding. China and its generous loans would be largely responsible for this situation, according to them.

According to insistent rumours, the Chinese giant is even preparing to get hold of several public entities: including the national television, Lusaka airport and the public electricity company. Affirmations firmly denied by the government of Edgar Lungu.

Source >>>>>> https://www.trendtopstories.com/2018/09/zambia-increased-criticism-of-chinas.html

Re: Zambia: Increased Criticism Of China's Grip On The Economy by Horus(m): 9:50am On Sep 24, 2018

https://www.youtube.com/watch?v=TrTSTANzAmo

China's Plan Exposed in Zambia: Debt = Colonization

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