As developing countries confronted the daunting challenges of the COVID-19 pandemic and the ensuing global economic downturn in April, the international community mobilized support for these vulnerable nations with announcements of debt relief. Policymakers hoped that freeing up billions of dollars originally destined for debt service would help these countries weather the public health and economic storms.
The International Monetary Fund (IMF) and World Bank got the ball rolling, and the Group of Twenty (G-20) promis…
Read the full article at: https://www.atlanticcouncil.org/blogs/new-atlanticist/where-does-china-really-stand-on-debt-relief/
