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China calls for 'joint action' in debt settlements at G20
China called on the G20 to conduct a fair, objective and in-depth analysis of the causes of global debt issues and to resolve the problem in a comprehensive and effective manner, at a meeting of the bloc's finance ministers and central bank chiefs on Friday. Liu Kun, China's finance minister, joined the meeting in Bengaluru via video link, a finance ministry statement said on Friday, ending speculation over whether he would meet U.S. Treasury Secretary Janet Yellen on the sidelines. Liu also said that international financial institutions and commercial creditors should follow the principle of "joint action, fair ... (full story)