China, with its benign inflation rate, is capable of playing a pivotal role in helping cool soaring global inflation and will continue to ensure strong economic recovery and mild price fluctuations this year, analysts and executives said.
Just one day after Beijing ended its zero-COVID policy, and immediately following a meeting with leaders of the World Bank and the International Monetary Fund, Li Keqiang, a top official for the Chinese Communist Party, told reporters that China would welcome foreign investments and promote an institutional opening-up.
Sri Lanka’s debt restructuring is deeply embedded both within a global emerging market debt crisis and a moment of rethinking within China about its global role as a creditor.