No ‘smear’ tactics, more say for China in global debt-relief efforts, urges former PBOC head Zhou Xiaochuan

One of China’s most prominent advocates for debt-relief efforts in developing nations wants the country to play a greater role in such endeavours, and he contends that China should have a greater say in relevant multilateral arrangements.

The comments on Wednesday by Zhou Xiaochuan, former governor of the People’s Bank of China, came as poorer countries are still struggling to recover from the effects of the three-year pandemic while dealing with fallout from the Russia-Ukraine war and aggressive rate hikes by the US Federal Reserve.