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World Bank President Says China's Actions Delay Zambia Restructuring

World Bank President David Malpass discusses debt issues around the globe including developing economies such as Zambia. Zambia's debt restructuring is being delayed by requests from China to have the southern African nation's local-currency debt held by foreigners included in a deal that could set a global precedent, according to a senior US Treasury official. Meanwhile, the International Monetary Fund says it will proceed with its first review of Zambia's financed program this quarter and will make a scheduled second disbursement. Malpass speaks on "Bloomberg Daybreak: Asia." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: Connect with us on... Twitter: Facebook: Instagram:



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