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Why China could snarl global debt relief

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Over the past three months, the world of sovereign debt restructuring has Zoom-called and document-shuffled its way to a new “common framework” for debt restructuring beyond the temporary global … ( read original story …)

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Next China: Debt Gets Painful Again

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After a Covid-induced interlude, tackling China’s debt problem now appears to be back on Beijing’s agenda. In the past two weeks, three state-owned firms have defaulted on bonds. One was a coal miner … (…

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