Chinese Regime Quietly Forgives $78M of Cameroon’s Debt

Chinese Regime Quietly Forgives $78M of Cameroon’s Debt
Chinese Leader Xi Jinping (L) welcomes Cameroon President Paul Biya in Beijing on March 22, 2018. The Chinese regime wrote off $78 million in debts from Cameroon but didn't report it.. Lintao Zhang/Getty Images
Nicole Hao
Updated:

The Chinese regime recently wrote off $78 million of Cameroon’s debt while Yang Jiechi, China’s top diplomat, visited the central African country on Jan. 18. But both governments and official media did not publish the news until five days later.

Yang, who is a member of the Chinese Communist Party’s powerful Politburo, visited Cameroon as a special envoy of Chinese leader Xi Jinping. On Jan. 18, he met Cameroon President Paul Biya and made a series of cooperation agreements.

Nicole Hao
Nicole Hao
Author
Nicole Hao is a Washington-based reporter focused on China-related topics. Before joining the Epoch Media Group in July 2009, she worked as a global product manager for a railway business in Paris, France.
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