{"id":273979,"date":"2019-04-24T22:00:00","date_gmt":"2019-04-25T02:00:00","guid":{"rendered":"https:\/\/news.google.com\/articles\/CBMibGh0dHBzOi8vd3d3LmFmcmljYW5ld3MuY29tLzIwMTkvMDQvMjUvY2hpbmEtZm9yZ2l2ZXMtZXRoaW9waWEtcy1pbnRlcmVzdC1mcmVlLWxvYW5zLXBtLWluLWJlaWppbmctZm9yLWZvcnVtL9IBAA?oc=5"},"modified":"2026-09-14T11:40:56","modified_gmt":"2026-09-14T15:40:56","slug":"china-cancelled-ethiopias-interest-free-loans-during-abiys-beijing-trip","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/273979","title":{"rendered":"China cancelled Ethiopia\u2019s interest-free loans during Abiy\u2019s Beijing trip"},"content":{"rendered":"<p>In late April 2019, Abiy Ahmed\u2019s office said China had cancelled all interest-free loans outstanding to Ethiopia as of the end of 2018, while the prime minister attended Beijing\u2019s Belt and Road forum.<\/p>\n<img data-recalc-dims=\"1\" height=\"780\" width=\"780\" class=\"aligncenter size-large wp-image-219814\" src=\"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2018\/05\/Made-in-Ethiopia-by-China.jpg?fit=780%2C780&#038;ssl=1\" alt=\"China cancelled Ethiopia\u2019s interest-free loans during Abiy\u2019s Beijing trip\" \/>\n<p>Interest-free cancellation is not the same as wiping commercial or concessional debt that actually drives repayment stress. Officials still leaned on Chinese capital for industrial parks, rail, and power while forex stayed scarce.<\/p>\n<p>Abiy Ahmed\u2019s China trip mixed debt relief optics with Alibaba and satellite symbolism. For Horn readers, the ledger question remains: which loans disappear, which stay, and who pays when megaprojects underdeliver.<\/p>\n<p>Kept as debt-geopolitics reference, the 2019 forgiveness note belongs beside later restructuring talks. Soft loans can be cancelled; leverage rarely is.<\/p>\n<p><strong>Sources:<\/strong> <a href=\"https:\/\/www.africanews.com\/2019\/04\/25\/china-forgives-ethiopia-s-interest-free-loans-pm-in-beijing-for-forum\/\">Africanews<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>China cancels Ethiopia&#8217;s interest-free loans, PM in Beijing for forum&nbsp;&nbsp;africanewsChina has cancelled all interest-free loans it had advanced to Ethiopia as at the end of year 2018, the Prime Minister Abiy Ahmed&#8217;s office confirmed on &#8230;<\/p>\n","protected":false},"author":30,"featured_media":219814,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-273979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2018\/05\/Made-in-Ethiopia-by-China.jpg?fit=551%2C359&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-19h1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/273979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=273979"}],"version-history":[{"count":5,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/273979\/revisions"}],"predecessor-version":[{"id":601440,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/273979\/revisions\/601440"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/219814"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=273979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=273979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=273979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}