China Tells Janet Yellen U.S. Is in No Position To Criticize Beijing on Debt Issues in Zambia

The Chinese embassy in Lusaka clapped back at § for her remarks that Beijing was acting as a “barrier” in Zambia’s drawn-out debt restructuring process.

In a sharply worded statement posted on its website Tuesday, the embassy said Yellen is in no position to lecture China on debt issues given Washington’s “catastrophic debt problem” including a potential default on its $31.4 trillion debt if the House of Representatives does not increase the country’s borrowing limit.

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appeared first on The China Global South Project.



source https://chinaglobalsouth.com/2023/01/25/china-tells-janet-yellen-u-s-is-in-no-position-to-criticize-beijing-on-debt-issues-in-zambia/

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