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IMF Tells Sri Lanka to Gets Its Creditors in Line, Prompting Showdown With China

The Sri Lankan government suffered another setback in its ongoing effort to secure a $2.9 billion emergency financing package from the International Monetary Fund after the lender informed Colombo it would have to secure more assurances from its creditors, namely China, to provide debt ...

Yellen Defends Bretton Woods Institutions Against Challenge From China, Accused Beijing of Acting as “Roadblock” in Zambia

U.S. Treasury Secretary Janet Yellen forcefully defended the primacy of the Multilateral Development Banks (MDBs) in response to China's demand that the World Bank and the International Monetary Fund also take losses on their loans to developing countries.

Cambodia PM: If We Don’t Rely on China for Development Assistance, Then Who?

Cambodian Prime Minister Hun Sen wrapped up a three-day visit to Beijing on Friday that included meetings with his counterpart Li Keqiang and President Xi Jinping. The Cambodian leader went to Beijing with a big wish list that he's 

Chinese Scholar on Why Railway Financing Makes Sense for Beijing, Despite Criticism

Chinese-financed railways in Asia and Africa have sparked enormous controversies over whether it was wise for countries like Kenya, Indonesia, Nigeria and Laos to put themselves in so much debt for infrastructure that will take decades to become profitable, if it ever does.