In this round-up, Beijing says it has suspended $2.1bn in debt payments from two dozen nations under the G20 framework, and the top Chinese financial regulators send strong signals to the onshore market in the wake of a string of domestic bond defaults.
China has extended $2.1bn of debt relief to developing nations, part of a wider G20 programme to help countries deal with the fall-out of the coronavirus.
Liu Kun, the Chinese finance minister, told reporters that China accounted for the highest amount of debt deferred among G20 nations under the groups Covid-19 debt relief initiative. He was speaking on Friday, before the virtual G20 Leaders Summit over the weekend.
China has been criticised in the past for not including loans from polic…
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