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Exclusive: G20 host India to propose China, other creditors take haircuts on loans

Summary by Reuters
India is drafting a proposal for G20 countries to help debtor nations badly hit by the economic fallout from the pandemic and Ukraine war, by asking lenders including China, the world's largest sovereign creditor, to take a large haircut on loans.

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Bias Distribution

  • 58% of the sources are Center
58% Center
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IBTimes broke the news in United States on Wednesday, February 15, 2023.
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