Sri Lanka's weak regulatory frameworks responsible for China incurred debt crisis: Report

Sep 05, 2022

Colombo [Sri Lanka], September 5 : As the debt crisis continues to grip the island nation of Sri Lanka, the root cause of problems...

Sri Lanka: Nation's economic meltdown uncovers Chinese 'debt-trap' policy

May 14, 2022

Colombo [Sri Lanka], May 14 : China offered debt-stricken Sri Lanka more loans to overcome its economic distress amid rising protests in the country.

Sri Lanka succumbs to China's debt-trap diplomacy: Report

Apr 12, 2022

Colombo [Sri Lanka], April 12 : Sri Lanka, a thriving island country with a population of 22 million, has succumbed to China's debt-trap diplomacy...

Sri Lanka, Pakistan, Maldives stand neck-deep in Chinese debt: Forbes

Sep 12, 2022

Colombo [Sri Lanka], September 12 : Sri Lanka, Pakistan and Maldives are among the biggest debtors of China. Pakistan owes USD 77.3 billion of...

US extends support to Sri Lanka, urges cooperation from all political parties to resolve debt crisis

Jul 10, 2022

Colombo [Sri Lanka], July 10 : The United States on Sunday extended its support to Sri Lanka amid the ongoing political crisis in the...

China may disagree with Western creditors on Sri Lanka's debt restructuring

Sep 04, 2022

Colombo [Sri Lanka], September 5 : China, Colombo's largest bilateral lender may disagree with Western creditors on Sri Lanka's debt restructuring.