Africa, after years of borrowing money from China on easy terms, many countries in the region who are saddled with debt they can’t repay, one country at least has pledged allegiance to China in exchange for debt forgiveness.
Leaders around the African continent, after being wined and dined by the PLA “were eager to accept anything they could get for projects such as a hydropower dam and a 50,000-seat soccer stadium,” Bloomberg News reported.
Relationships were developed that opened up Africa to countries, allowing Chinese business to control Zambia’s natural resources, building resentment with people native to Zambia, who felt they were losing their jobs, wealth and country,
In 2017, Chinese nationals were appointed to Zambia Police Force, then fired after public outrage.
China shares Zambia National electric company (Zesco) and Kenneth Kaunda airport revenue with Zambia pic.twitter.com/sJAUHptIz7
— Africa story Live (@AfricaStoryLive) June 16, 2020
Zambia sells part of Victoria Falls land to China
I really hope this story is false. I can’t imagine what was worth selling part of one of the 8 wonders of the world, is such a part of their heritage, and their main tourism destination. SMH 🤦🏻♀️ https://t.co/e4AobtaoDo pic.twitter.com/l4FHdEKNou
— Xpose Trophy Hunting (@XposeTrophyHunt) July 4, 2020
A brutal triple murder occurred in #Lusaka, the capital city of #Zambia. Three #Chinese businessmen were killed brutally and among them, a lady's body was burnt to ashes. Anti-China activities are increasing in reaction to #Africans being discriminated in #China. #coronavirus pic.twitter.com/O292QEZJsL
— Uyghur News Network (@Uyghurnn) May 25, 2020
For example, media reports indicate that Zambia started to take out loans from Chinese banks for airports, hospitals, housing projects, and the roads connecting them.
— Kangwa Muyunda Akapelwa (@ms_muyunda) July 22, 2020
The country is in so much trouble that the leader of Zambia asked for total debt forgiveness from China this week, in exchange for supporting China and their policies.
A Kenya paper reported:
“President Lungu called for debt relief and cancellation in light of reduced revenue due to the negative impact of the pandemic, as well as competing needs for the country, to secure adequate resources to fight the pandemic and to stimulate the economy,” said a statement issued by Spokesman Isaac Chipampe.
Zambia’s public debt has increased significantly in recent years although it’s unclear exactly how much is actually owed to China.
The two leaders agreed to continue working closely together to safeguard common interests, including on matters concerning the United Nations Security Council.
The statement said President Lungu reaffirmed Zambia’s commitment to the aspirations of the Forum on China-Africa Cooperation which has yielded tangible benefits for Zambia through a number of developmental projects.”
President Edgar Lungu spoke with Xi Jinping by phone on Monday and straight-up asked the Chinese president to cancel Zambia's debts to Beijing, according to a statement from the presidential spokesman in Lusaka.
There's been no response from Beijing.https://t.co/TW22wLv9b0
— The China Africa Project (@ChinaAfrProject) July 21, 2020
After accepting Chinese money, there is an increase in domestic strife with the people of Zambia.
Yesterday Zimbabwe, today it is Zambia. Who's Next?..🤔
China is taking over Zambia’s National Assets, but the Nightmare is just getting Started for Africa https://t.co/oKPKS5czds
— Cosi.. 🇿🇦🌐 (@AurigenZA) June 18, 2020