China’s Stance on Debt Restructuring and the Common Framework

China’s Stance on Debt Restructuring and the Common Framework.

China, being the preeminent bilateral creditor on a global scale, assumes a pivotal role in the deliberations within the Group of 20-led “Common Framework.”

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The Common Framework has yet to deliver substantial alleviation due to disagreements between China

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Critics contend that meeting China’s demands would essentially result in a bailout for the country.

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