Why is China being blamed for the stalled G20 debt relief plan for distressed countries?

Feb 27, 2022 | INVESTING

More than a year has passed since the G20 launched a debt restructure plan to help potential defaulters but developing countries have yet to see the benefits – something the US and multilateral groups are blaming on China.The Group of 20 wealthy nations set up the Common Framework in late 2020 to help 70 countries in danger of default.Under the scheme, participating countries were to agree to restructure debt with bilateral lenders and the International Monetary Fund (IMF). The nations were…

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