Officials from the IMF, the World Bank and G7 nations will meet on Saturday on the sidelines of the G20 meeting for the first in-person discussions of the new IMF Global Sovereign Debt Roundtable.
China's role in the G20 Common Framework, however, is expected to feature in Saturday's talks. The Common Framework was Officials from Ghana and Zambia are waiting on assurances from China that it would be willing to offer debt-restructuring support, as such assurance is a prerequisite to use the Common Framework to receive further assistance from the IMF.
Classified as a middle-income country and as such ineligible for the the Common Framework, Sri Lanka is still seeking similar assurances from China, though Bloomberg has reported that the IMF is considering approving a loan to support the island nation regardless of what China decides.
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This means China wants the US to pay up, but when we stop buying the junk they produce then what?
I m thinking...but , ' a reunion between usa and russian state , The powerfull China couldnt do It could be important for peace futur e.
We all should call for an end to the G20, G7, etc., because we know every time these clowns get together it isn't going to be good for the people of each nation.
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Remember! Russia & China lies! Always!
Just wondering....is China having a hard time retrieving loans from African countries?
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