Zimbabwe president says China won't colonize his country with loans


By Giffs Dube
Voice of America, Washington
Sunday, September 23, 2018

WASHINGTON -- Zimbabwe President Emmerson Mnangagwa has allayed fears that Zimbabwean authorities are auctioning the country's resources and surrendering its sovereignty to China in exchange of loans running into billions of dollars being sourced from the Asian nation.

... Dispatch continues below ...


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Responding to a question from a Zimbabwean concerned by what is happening in Zambia where citizens claim that the nation is being colonized by China through loans amounting to billions of dollars, Mnangagwa said Zimbabwe is focusing on capital projects that generate funds for repaying Chinese loans.

Mnangagwa, who is in the United States for the United Nations General Assembly and was addressing a gathering attended by Zimbabweans, said there is no need to abandon friends in good times. ...

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