China calls on global lenders' involvement in developing nations' debt - minister

China calls on global lenders' involvement in developing nations' debt - minister
Qin Gang Image Credit: Wikipedia
  • Country:
  • India

China called on global financial institutions to play an active role in the debt restructuring of developing countries, Foreign Minister Qin Gang said at the G20 meeting on Thursday.

"China has put forth relevant initiatives under the G20. China has suspended more debt service payments than any other G20 member, and participated in the debt treatment under the Common Framework," Qin said at the foreign ministers' meeting in New Delhi.

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