Germany and China Strengthen Economic Ties with Debt Restructuring Support
Germany has welcomed China's support for the G20 debt restructuring framework for poorer countries, as expressed in a joint statement after their financial dialogue in Frankfurt. German Finance Minister Christian Lindner emphasized the importance of China's commitment, given its significant role in world politics. The details of the restructuring plans were not provided in the statement. Germany and China also expressed their determination to expand market access opportunities and proposed increasing the frequency of financial dialogues to accelerate progress. The meeting took place in Frankfurt, as Germany aims to strengthen the city as a European hub for financial services.
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