World Bank chief calls on China to cancel debt to coronavirus-hit poor countries

The World Bank has added its voice to calls for wealthy nations, including China, to cancel debts to poor countries to help them weather the coronavirus storm, saying efforts so far were important but inadequate.Addressing an online event hosted by the Frankfurt School of Finance and Management on Monday, World Bank president David Malpass blamed China for debt distress in some countries and accused it of not taking part fully in the Group of 20 Debt Service Suspension Initiative (DSSI).Malpass…

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