Johannesburg, South Africa
Long-running tensions between the major international lenders and China were aired at a meeting in Chinas Anhui province, where participants sought agreement on a way forward for some of the worlds most indebted countries, many of them in Africa.
Representatives of the International Monetary Fund, World Bank, and Beijings finance ministry participated in the meeting to discuss debt restructuring for low-income countries 60% of which the IMF says are at or near debt distress.
The relationship between the IMF and China the worlds largest bilateral creditor has not been an easy one, Harry Verhoeven, a senior research scholar at Columbia University, told VOA.
The Fund has in recent years come under great pressu…
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