World Bank Economist: China Needs To Learn To Restructure Emerging Market Debt

Increasing debt distress in emerging markets means that China, now the world's largest official creditor, will need to start restructuring debts in the same way that Paris Club lenders did in past crises, World Bank Chief Economist Carmen Reinhart told the Reuters Next conference on Tuesday.

from Top Business News- News18.com
Read The Rest:timesnownews...