Technically the four loans that were forgiven were interest free favors anyway, and Sudan before the war started owed $56 billion dollars to foreign countries in general (likely higher now) including about $5 billion-ish to China in particular according to Al Jazeera. So this doesn’t impact their interest payments at all but does make their debt to GDP ratio look marginally less horrific I guess.
I think this is more valuable not so much for a material economic difference but rather the positive signaling from China towards the SAF showing that it still continues to prefer the state of Sudan over the RSF.
That’s not nothing.
Technically the four loans that were forgiven were interest free favors anyway, and Sudan before the war started owed $56 billion dollars to foreign countries in general (likely higher now) including about $5 billion-ish to China in particular according to Al Jazeera. So this doesn’t impact their interest payments at all but does make their debt to GDP ratio look marginally less horrific I guess.
I think this is more valuable not so much for a material economic difference but rather the positive signaling from China towards the SAF showing that it still continues to prefer the state of Sudan over the RSF.