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Zimbabwean Government Awaits Chinese Rescue Package

The Zimbabwean government awaits a special rescue package from the Rupublic Of China.

This was revealed yesterday by the local Chinese deputy ambassador.

Ambassador Zhao Baogang said the Chinese President Xi Jinping will hold bilateral talks with President Emmerson Mnangagwa next week when China is expected to announce a new rescue package for Zimbabwe.

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“A Chinese commercial bank and Afreximbank are holding discussions to find ways of easing the liquidity crisis facing Zimbabwe and measures to be implemented are expected to be announced during President Mnangagwa’s state visit to China,” said Mr Zhao.

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Written by How Africa

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