
The Export-Import Bank of China (EximBank) will lead Beijing's team to renegotiate nearly $6 billion of loans that Zambia owes to Chinese state-owned creditors, the country's finance ministry told Reuters on Thursday.
EximBank, one of Beijing's three policy banks and Zambia's single largest Chinese creditor, is the linchpin in China's Belt and Road Initiative (BRI) that oversees infrastructure lending.