By Lisa Vives, Global Information Network
NEW YORK (IDN) — China, the builder of roads, energy, railways and telecom across Africa, came under fire from U.S. Treasury Secretary Janet Yellen during her recent three-country African friendship tour when she singled out the Asian giant for Africa’s looming debt crisis.
Driving past Lusaka, the capital city, with its renovated international airport and newly built firms bearing Chinese signage, Yellen urged Zambian leaders to address Zambia’s heavy debt burden with China immediately.