• Nautalax@lemmy.world
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    2 hours ago

    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.