China's Willingness to Cooperate With Other Parties Over Sovereign Debt Restructuring

There was growing pressure in the run up to these meetings by Western lenders calling for China to accept some losses on their overseas loans. There weren't really a lot of details that came out of the meeting. But there were some at least headlines that Beijing seems to be more willing to cooperate with other parties over sovereign debt restructuring. Whether that's progress, it's too soon to really say. It comes now to the question of when China will act and how much it's willing to give on the debt reduction.