Thursday , May 13 2021
Home / South China Morning Post / China vows ‘bigger contribution’ in helping poor countries, with an emphasis on profitable infrastructure projects

China vows ‘bigger contribution’ in helping poor countries, with an emphasis on profitable infrastructure projects

Summary:
[unable to retrieve full-text content]China is making it clear that it will honour the Group of 20’s debt-suspension scheme it endorsed last year, but Beijing is reluctant to respond to Western suggestions about debt restructuring for struggling developing nations.While promising a “bigger contribution” in helping poor countries achieve financial sustainability, vice-minister of commerce Qian Keming said that China will focus on infrastructure projects that can generate returns for participating countries.“We definitely didn’t…

Topics:
Frank Tang considers the following as important:

This could be interesting, too:

Tyler Durden writes Meituan’s CEO Sees Billions Wiped Out Over An Innocuous Thousand-Year Old Chinese Poem

Tyler Durden writes Ira Sohn Conference Highlights: Einhorn’s “New Oil”, ESG Mania And More

Tyler Durden writes Reckless Backseat Tesla Owner Arrested On California Highway  

Tyler Durden writes Lawmakers Reintroduce Bill To Ban “Ghost Guns”

[unable to retrieve full-text content]
China is making it clear that it will honour the Group of 20’s debt-suspension scheme it endorsed last year, but Beijing is reluctant to respond to Western suggestions about debt restructuring for struggling developing nations.While promising a “bigger contribution” in helping poor countries achieve financial sustainability, vice-minister of commerce Qian Keming said that China will focus on infrastructure projects that can generate returns for participating countries.“We definitely didn’t…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.