“China is an essential partner. When it comes to debt relief, we must have them in the room and in the conversations “Calvino added that many severely indebted nations were also suffering from inflation and climate shocks.
German Finance Minister Christian Lindner has also joined the rising chorus of critics of China’s failure to participate in debt restructuring for low-income nations on time. China has stated that it will not participate in some situations unless the IMF and World Bank also suffer a hit.
Lindner told reporters that he was disappointed that China had declined his offer to the G7 discussion with African countries.