Germany and China Join Forces to Support Debt Restructuring for Poorer Nations

Benzinga 2023-10-04

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Germany has welcomed China's support for the G20 debt restructuring framework for poorer countries in a joint statement after their financial dialogue in Frankfurt over the weekend. Germany and China expressed their determination to expand market access opportunities between the two countries to create more opportunities for responsible trade and investment. China is willing to further strengthen cooperation with Germany in a "mutually beneficial" manner and inject more "positive energy" into their partnership, according to the Chinese officials at the meeting.

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