China resists disclosing details of loans to developing countries as G-20 demands debt transparency ...Middle East

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Despite pressure from the Group of 20 major economies, Beijing has been resisting to disclose the details on its lending to developing nations as low-income countries have been struggling with their vaccination campaigns. According to Nikkei Asia, the virtual meeting of finance ministers and central bankers addressed ways of providing financial support, covering such topics as potentially extending a suspension of bilateral debt service payments through the end of 2021.

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