China Lays Out Three-Point Plan at Global Debt Relief Talks
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China said it wants multilateral lenders to participate in the debt restructuring of poorer nations as part of a three-point plan put forward at talks with the World Bank and other creditors in Washington this week.
Wang Wenbin, a spokesman for the Foreign Ministry, outlined proposals delivered at the Global Sovereign Debt Roundtable, providing fresh insight into China’s demands to find a solution to the debt crisis.