Tue, 21-Oct-2025

US in no position to ask China to contribute more to G20’s debt relief plan

g20

JAKARTA: Ahead of the two-day meeting of G20 finance ministers and central bankers scheduled to be held in Jakarta on Thursday, US Treasury Secretary, Janet Yellen, reportedly called on China to be ‘more active’ in the G20 debt relief efforts. Yellen said in an interview that the G20’s Debt Service Suspension Initiative (DSSI) ‘has not … Read more

IMF sees China’s growth ‘slowing notably’

IMF

WASHINGTON: China has an important part to play in the global economy, as it recovers from the Covid-19, but its growth is slowing, IMF managing director Kristalina Georgieva said on Monday. The head of the Washington-based crisis lender held a virtual meeting with Chinese Premier Li Keqiang and discussed topics ranging from inflation to the recovery … Read more