What does US & China hope to achieve the African Leaders? Do African leaders need to Wakeup?
There have increasingly been closer political, security and economic ties between China and African nations. Trade between China and Africa increased by 700% during the 1990s, and China is currently Africa's largest trading partner.
China is Zambia's biggest creditor. Lusaka owes some $6 billion to Chinese entities. In July, Zambia's finance ministry announced it was canceling $2 billion of undisbursed loans from its external creditors, $1.6 billion of which are from Chinese banks
