China says has given debt relief of $2bn to developing countries


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Posted by Editor - World News | Nov 20, 2020 | World | 0 | The poorest countries’ official bilateral debt to G20 countries reached $178bn in 2019, with 63 percent owed to China. China says it has given debt relief of $2.1b to poorer countries [File: Stringer via AFP] China has extended debt relief to developing countries worth a combined $2.1bn under the G20 framework, the highest among the group’s members in terms of the amount deferred, the country’s finance minister Liu Kun said on Friday. Liu’s comments come as African countries, struggling with the COVID-19 pandemic, face another...