Sri Lanka Urges China to Share Debt Terms to Help Other Deals.

Sri Lanka's debt restructuring is among a few test cases of the IMF-led efforts to develop new guidelines among rich and poor countries to manage defaults. (Bloomberg) -- Sri Lanka is urging China to share with other creditors the terms of its recent $4.2 billion bilateral debt deal, a step needed to help the bankrupt nation speed up the process of restoring its finances more than a year after it defaulted. [Extracted from the article]