Chinese Premier Li Qiang arrived in Zambia on Wednesday, marking the first visit by a Chinese premier to the southern African nation in nearly three decades.
This strategic trip aims to strengthen economic and political ties, as China seeks to expand its influence in Zambia’s copper-rich region.
Li’s visit comes after Zambia’s successful debt restructuring, with China agreeing to provide $1.4 billion to revitalize the Tazara Railway, a key transportation link between Zambia’s copper belt and Tanzania’s port of Dar es Salaam. This move is seen as a counter to the US and EU-backed Lobito Corridor project.
During his two-day stay, Li will meet with President Hakainde Hichilema to discuss cooperation in trade, investment, energy, mining, agriculture, and technology.
China is Zambia’s largest official creditor, with $5.7 billion owed, and is eager to showcase Zambia as a model member of President Xi Jinping’s Belt and Road Initiative.
Zambia’s economy is expected to grow 6.5% next year, driven by increased copper production and global demand.
China aims to boost exports of tractors, electrical equipment, and construction vehicles to Zambia, while Zambia seeks investment pledges rather than loans.
