PARIS (Reuters) – French President Emmanuel Macron and Chinese President Xi Jinping on Tuesday discussed financial support to develozamping economies at the G20 summit in Bali, the French presidency said.
“They expressed their determination to move forward with the implementation of a common debt framework, and raised the particularly urgent case of Zambia,” the Elysee Palace said in a statement.
China is Zambia’s largest bilateral creditor, accounting for 75% of what the country owes to nations, including France and India. Creditors are closely monitoring how China is managing debt negotiations around the world.
(Reporting by John Irish; Editing by Richard Lough)
