Zimbabwe: Broke Government Never Requested Chinese Bailout

PRESIDENT Emmerson Mnangagwa has denied approaching his Chinese counterpart Xi Jinping asking for a US$2 billion bailout package on the sidelines of the Forum on China-Africa Co-operation (Focac) in Beijing last September.

This follows reports that he had tabled a request for the critically needed bailout package in a desperate bid to ease the country's crippling liquidity crisis because the Chinese government had insisted that Zimbabwe clear its arrears with the world's second largest economy.

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