China writes off meagre MK5.5bn debt for Malawi

The People’s Republic of China has written off a K5.5 billion debt which the government of Malawi took as loan to construct the Karonga-Chitipa road. This follows an announcement this week that China was forgiving 23 interest free loans for 17 African countries in a bid to expand what they said was win-win trade and […]

The post China writes off meagre MK5.5bn debt for Malawi appeared first on Malawi Nyasa Times – News from Malawi about Malawi.

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