{"id":132642,"date":"2023-03-02T15:48:30","date_gmt":"2023-03-02T22:48:30","guid":{"rendered":"https:\/\/www.lankaweb.com\/news\/items\/?p=132642"},"modified":"2023-03-02T15:48:30","modified_gmt":"2023-03-02T22:48:30","slug":"china-tells-imf-willing-to-take-constructive-part-in-debt-talks-2","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2023\/03\/02\/china-tells-imf-willing-to-take-constructive-part-in-debt-talks-2\/","title":{"rendered":"China tells IMF willing to take constructive part in debt talks"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy Hiru News<\/em><\/span><\/h2>\n\n\n<p>Chinese Premier Li Keqiang told the head of the International Monetary Fund that China is open to participating in multilateral efforts to help heavily indebted nations in a constructive manner.<\/p>\n\n\n\n<p>China is willing to take part in resolving relevant countries debt issues, Li said in a phone call with IMF Managing Director Kristalina Georgieva.<\/p>\n\n\n\n<p>China maintains that all sides should take joint action and share equitable burden,&amp;rdquo; he said.<\/p>\n\n\n\n<p>China, a major lender to debt-laden countries such as Sri Lanka and Pakistan, is mired in disputes with multilateral banks over which parties should take the lead in restructuring sovereign debt.<\/p>\n\n\n\n<p>The IMF is considering approving a Sri Lanka bailout without the formal assurance of debt-restructuring support from Beijing.<\/p>\n\n\n\n<p>The Chinese government, which accounts for about 52% of the nation&amp;rsquo;s bilateral debt, has offered term extensions via state-owned policy lender Export-Import Bank.<\/p>\n\n\n\n<p>Georgieva told Li that the IMF wants to strengthen coordination and cooperation with China to handle the debt crisis in developing countries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy Hiru News Chinese Premier Li Keqiang told the head of the International Monetary Fund that China is open to participating in multilateral efforts to help heavily indebted nations in a constructive manner. China is willing to take part in resolving relevant countries debt issues, Li said in a phone call with IMF Managing Director [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[193],"tags":[],"class_list":["post-132642","post","type-post","status-publish","format-standard","hentry","category-imf-bailout-package"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/132642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=132642"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/132642\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=132642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=132642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=132642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}