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G20 Meeting: Germany Regrets China's Position on Ukraine War


German Finance Minister Christian Lindner gestures during a news conference on the sidelines of G-20 finance ministers' meeting on the outskirts of Bengaluru, India, Feb. 24, 2023.
German Finance Minister Christian Lindner gestures during a news conference on the sidelines of G-20 finance ministers' meeting on the outskirts of Bengaluru, India, Feb. 24, 2023.

German Finance Minister Christian Lindner said Saturday it was "regrettable" that China had blocked a Group of 20 communique to condemn Russia's war on Ukraine.

"But for me it was more important that all the others adhered to a clear position of international law, multilateralism and the end of the war," he said.

Lindner was speaking to reporters after a meeting of finance leaders from the world's major economies in Bengaluru.

He said that he was cautiously optimistic that there could be progress this year on debt restructuring for highly indebted countries.

China is one of the largest creditors to poor nations in Africa and Asia.

"There was a cautious signal from China," Lindner said.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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