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CHINA: Will Beijing grant debt relief to distressed foreign borrowers?

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● China is likely to be flexible in re-negotiating bilateral loans to poor countries suffering from debt distress due to Covid-19.

● Beijing is concerned that the pandemic is fueling a global backlash against China, providing further incentive to take a soft line with borrower...

 

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CHINA: Will Beijing grant debt relief to distressed foreign borrowers?

● China is likely to be flexible in re-negotiating bilateral loans to poor countries suffering from debt distress due to Covid-19. ● Beijing is