China will continue to support the Group of 20’s debt treatment framework for low-income countries, helping them ease potential solvency risks and promote post-pandemic economic recovery, Finance Minister Liu Kun said in a recent statement.
The message showed the Chinese government’s firm commitment to promote multilateral cooperation and actively participate in global actions related to debt issues, experts said.
China’s response to the G20 debt relief plan will help the poorest countries redirect resources from servicing debt to mitigating the severe impact of the COVID-19 pandemic, experts told China Daily after a virtual meeting of G20 …
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