Bloomberg Business

Paris Club Holding Out for China to Support Sri Lanka Debt

The Paris Club is waiting for China to commit to Sri Lanka’s debt overhaul before notifying their assurance that is needed to unlock a $2.9 billion International Monetary Fund bailout, according to people with knowledge of the matter.

Congo President Demands More From $6.2 Billion China Deal

Democratic Republic of Congo President Felix Tshisekedi criticized a $6.2 billion minerals-for-infrastructure contract with China, saying the world’s largest producer of a key battery metal hasn’t benefited from the deal.

Mask Mandate Lifted Everywhere But Public Transit in Korea

South Korea will drop its mask mandate for most indoor venues, and Japan is considering changes to its recommendations, as some of the last Asian countries to require coverings pivots to living with Covid.

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