Wednesday, September 18, 2019
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Zambia Next in China Debt Trap?

Did you know that Zambia’s state-owned electricity network is in China’s hands? It’s the result of the African country taking in more China-funded loans and projects than it could pay off. The buzz is Tanzania maybe next to hand over key state assets to China. Kenya may not be far behind. The only saving grace here is China may be preparing to scale back its ‘One Belt One Road’ investment, given the growing opposition to it from a number of countries.