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G-20 Sherpa of India
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The G-20 Sherpa of India, Amitabh Kant, has called for China to take a “haircut” on its loans to impoverished nations.
India's G-20 Sherpa, Amitabh Kant, has called on China to take a "haircut" on its loans to poor countries, stating that the country needs to be transparent about its debt and find a way to settle it. In a rare and direct reference to Chinese debt, Kant has urged China to openly declare its debt and support the economic recovery of developing nations.