BEIJING: Top officials from China will attend the World Bank and International Monetary Fund spring meetings in Washington this week, their first attendance in person in three
in Washington this week, their first attendance in person in three years after COVID-19 curbs limited them to virtual participation.
Washington has accused Beijing of"dragging its feet" in debt relief talks for cash-strapped nations and China, the world's largest bilateral creditor, argues that multilateral lenders like the IMF should also take losses in these negotiations. The IMF and the World bank returned to fully in-person annual meetings last October, after two years where the pandemic forced proceedings online, however China did not attend last year's meeting in-person due to its strict COVID controls.
China was the only country represented by officials from both its central bank and finance ministry at the last IMF debt restructuring roundtable, which took place in February on the sidelines of the G20 meetings.
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