Dollar & Sense: The Brookings Trade Podcast cover image

The imperative of US-China dialogue on global issues

Dollar & Sense: The Brookings Trade Podcast

CHAPTER

The US and China's Cooperation on Global Issues

The IMF estimates about 60% or two-thirds of low income countries face debt distress. China is the largest official bilateral creditor for this group of countries. Zambia has been front and center, reaching a restructuring deal with private creditors that's still going to open up whole can of words in relation to comparability treatment.

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