US presses China for debt relief in developing countries

INSUBCONTINENT EXCLUSIVE:
Following a face-to-face meeting in Bali, Indonesia, President Joe Biden and Chinese President Xi Jinping pledged Monday morning to work
after the meeting
comes after the countries stopped working together on the issue earlier in the year
countries, a senior US official said Tuesday.The issue will be highlighted in the final joint statement when the summit in the Indonesian
that 19 members of the G20 came together to say this is a core, first-order issue that we need to take collective action with respect to,
name the hold-out country but this appeared likely to be China, a massive creditor to poor countries around the world in a policy that
opposition to joint agreement on restructuring such debts at the October meetings of the World Bank and International Monetary Fund.The
This article first appeared/also appeared in https://adaderana.lk