Top U.S. and Chinese officials will discuss developing countries’ debt restructuring at the Global Sovereign Debt Roundtable. Despite trade tensions, both nations remain committed to addressing high debt levels. Transparency over non-bonded debt is a key issue, with calls for more data publication by debtors to improve access to lower-cost financing.

Global debt has reached record levels, with emerging markets facing high debt service payments and limited access to capital markets. Lack of transparency in loan terms complicates debt restructurings, hindering progress. Calls for more disclosure and mechanisms like collective action clauses to streamline the process are gaining traction among experts and investors.

Read more at Yahoo Finance: US, China are still committed to global debt efforts, IMF strategy chief says