2min chapter

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China's Role in Developing Country Debt Restructuring

China Global

CHAPTER

China's Exclusion From the Debt Restructuring Talks

China is one of Sri Lanka's biggest bilateral creditors. Japan, India, and France announced formation of a creditors committee made up of governments that have lent to Sri Lanka. China played a part in the lead up to the IMF's approval of a $3 billion loan to Sri Lanka in March when it agreed in principle to support debt restructuring.

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