WASHIGNTON: World Bank President David Malpass on Tuesday urged China, a major creditor of poor countries, to participate fully in debt relief efforts.
About 60 percent of low-income countries are"at high risk" of debt distress, while emerging markets"are struggling as well," he said. "It's crucial that China participates fully in international debt relief efforts," he said, adding that the private sector and commercial creditors must take part as well.
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