china committed to helping zambia achieve debt restructure

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CHINA has reiterated it’s commitment to ensuring that Zambia undergoes a smooth debt restructuring process.

Chinese Ambassador to Zambia Du Xiaohui said with joint efforts, Zambia will achieve the debt restructuring program.

Mr Xiaohui said China and Zambia are friends who have a bilateral agreement to help foster development.

Mr Xiaohui during a round table meeting at the Mulungushi conference center today said that friendship is important and that is why China , through it’s bilateral corporation with Zambia is helping undertake the debt restructuring.

“Your concern, is our concern. That is what we call brotherhood. For the debt issue, we did not want to go through it using the G20 frame work channel, because we think bilateral cooperation is best, but our friends Zambia wanted to do it within the G20 frame work and so as China we agreed with the request,” he said.

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