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China committed to Sri Lanka’s debt restructuring process

China’s Foreign Affairs Ministry spokesman Wang Wenbin on Thursday reiterated his country’s commitment to help Sri Lanka’s debt restructuring process.

Speaking at a regular press conference held on Thursday Wang Wenbin said: “I would like to reiterate that China calls on commercial and multilateral creditors to jointly participate  in Sri Lanka’s debt restructuring under the principle of fair burden-sharing. We have been in close communication with Sri Lanka and supported Chinese financial institutions in actively discussing debt treatment arrangements with Sri Lanka.”

He was responding to a question from a journalist.

-Dailynews