China's Role in Developing Country Debt Restructuring
China Global
00:00
The Positive Role of China in DSSI
China contributed 63% of all debt service suspensions and accounting for 30% of all its claims before that initiative ended about 18 months ago. China was comfortable with DSSI once it made the decision to cooperate with other lenders. The real issue has to come with the next step which involves the actual restructuring of the debt and the possibility of haircuts.
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