Why Ethiopia is taking its debt relief case directly to China, bypassing the G20
Published on: Saturday 04 March 2023
With no sign of progress in a G20-led debt-relief initiative, cash-strapped Ethiopia is turning directly to China for a way out of its loan problems. Debt was reportedly one of the issues under discussion when Ethiopian Finance Minister Ahmed Shide led a high-level delegation to China late last month. As well as meeting Chinese Finance Minister Liu Kun and Jin Zhongxia, from the People's Bank of China, the delegation held talks with key Chinese financial institutions and creditors, including the
