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China Pushes Back at Outgoing World Bank President’s Criticism That Beijing Isn’t Doing Enough on Debt Relief

by Eric Olander
File image of World Bank President David Malpass, who repeated his criticism this week that China isn't moving fast enough to help developing countries restrucutre their debts. Brendan Smialowski / AFP

The Chinese government clapped back on Wednesday against renewed criticisms from outgoing World Bank President David Malpass that Beijing isn’t moving fast enough to restructure debts in many of the world’s poorest countries.

Earlier this week, at a speech in New York at the Council on Foreign Relations, Malpass said even though China has emerged as a major lender to developing countries, “they haven’t been in the habit of [restructuring debt].”

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