China backs G20 debt relief plan, says finance minister


This file photo taken on Sept 2, 2016 shows the flags of G20 member countries fluttering outside the Hangzhou International Expo Center, the main venue for the G20 summit, in Hangzhou, Zhejiang province, China. (PHOTO / IC)

BEIJING (China Daily/ANN): China will continue to support the Group of 20's debt treatment framework for low-income countries, helping them ease potential solvency risks and promote post-pandemic economic recovery, Finance Minister Liu Kun said in a recent statement.

The message showed the Chinese government's firm commitment to promote multilateral cooperation and actively participate in global actions related to debt issues, experts said.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China , G20 , debt , relief

Next In Aseanplus News

Bangladesh detains 53 Rohingya militants, issues Myanmar border alert
Seoul bus strike begins after wage negotiation breakdowns
South Korean researchers find way to remove nanoplastics from water in 10 minutes
Committee formed to review salaries of Singapore's political appointment holders: Chan Chun Sing
Kelantan Police Chief targeted after reopening over 100 ‘along’ cases
Ringgit extends gains against US$ at opening
FBM KLCI hits 1,700 as banks surge to record levels
SK Hynix to invest nearly $13 billion in chip packaging plant in South Korea
HK actress Selena Lee reconciles with ex-fiance, 10 months after split
‘Bersatu did not sabotage PAS in Perlis’, Muhyiddin denies traitor accusations

Others Also Read