China's Willingness to Cooperate on Sovereign Debt Restructurings Signals Positive Signs for Debt Relief Talks.
TL;DR Summary
China has pledged to cooperate with other countries on sovereign debt restructurings, as the global economy continues to struggle with the impact of the Covid-19 pandemic. The announcement comes as many developing countries are struggling to repay their debts, with some calling for debt relief or restructuring. China is a major creditor to many of these countries, and its cooperation could be crucial in finding a solution to the debt crisis.
- China says it will co-operate on sovereign debt restructurings Financial Times
- China Giving 'Positive Signs' on Debt Deadlock, G-20 Chair Says Bloomberg
- Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default The New York Times
- China says it's ready to work with all parties on debt disposals, seeks more IMF data The Globe and Mail
- China Lays Out Three-Point Plan at Global Debt Relief Talks Bloomberg
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