Increasing debt distress in emerging markets means that China, now the world’s largest official creditor, will need to start restructuring debts in the same way that Paris Club lenders did in past …
( read original story …)
Home FINANCE REUTERS NEXT-World Bank economist: China needs to learn to restructure emerging market debt
Categories
Beijing
22°
overcast clouds
humidity: 21%
wind: 1m/s SW
H 22 • L 20
Weather from OpenWeatherMap
Recent Posts
- China Mobile names new CEO 29/04/2024
- Reliance Jio has become the world’s largest mobile company, surpassing China Mobile, with this new record 29/04/2024
- Will China rise again as Australia’s number one wine-export market? 29/04/2024
- Hong Kong spot crypto ETFs debut tomorrow: 6 things to know 29/04/2024
- 16 Awesome Things to Do Over May Holiday in Shenzhen 29/04/2024
- China’s Xi to visit France, Serbia, Hungary as Beijing appears to seek a larger role in Ukraine 29/04/2024
- China’s Big Five lenders see margins shrink in the first quarter 29/04/2024
- Gangs forced out Haiti’s government. This FBI ‘Most Wanted’ gang leader claims they’re liberating the country 29/04/2024
- Elon Musk wins official praise for Tesla during surprise visit to China 29/04/2024
- Who Gains from Elon Musk’s Visit to China? 29/04/2024
- China’s top Covid-19 vaccine scientist expelled from Parliament for graft 29/04/2024
- Dragon cultural artifacts exhibition opens in Beijing 29/04/2024