Zimbabwe: Govt Scrambles to Save U.S.$1 Billion Chinese Deals – AuthenticAfrican

Posted on by All Africa

[Zimbabwe Independent] Government officials were this week nervously scrambling to salvage three big Chinese-funded infrastructural projects totalling US$1,324 billion, which are on the verge of collapse after US$10 million was raided by authorities from an escrow account held at a local commercial bank, considerably testing the Zimbabwe-Sino relations.