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Al Jazeera
Al Jazeera
Business

‘Cope with your own debt’, China tells US over Zambia debt relief

US Treasury Secretary Janet Yellen says "it’s taken far too long" to resolve Zambia's debt issue [Namukolo Siyumbwa/Reuters]

The Chinese government says the United States should stop pressuring Beijing on debt relief for Zambia and focus on averting a government default at home, which could have repercussions for the global economy.

“The biggest contribution that the US can make to the debt issues outside the country is to cope with its own debt problem and stop sabotaging other sovereign countries’ active efforts to solve their debt issues,” the Chinese embassy in Zambia said in a statement on Tuesday.

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