FT
Tuesday Nov 05, 2024
Monday, 13 February 2023 00:30 - - {{hitsCtrl.values.hits}}
Authorities have published a new version of bi-lateral debt where the previous (Sep investor presentation) total debt was $ 14.1 billion and the latest version is $ 11.2 billion.
Probably close to $ 2.9 billion of Chinese bi-lateral debt would have been reclassified under commercial debt.
The new figures make China weigh less than 50% of the bilateral debt stock allowing more weight to the west to proceed with the restructuring process.