China gets flak for pushing Sri Lankan economy into 'debt-trap'

Apr 22, 2022

Colombo [Sri Lanka], April 22 : As Sri Lanka faces one of the worst economic crises, China has been widely criticized for pushing the...

Chinese oil giant Sinopec likely to enter Lankan fuel market amid Beijing's debt-trap

Aug 08, 2022

Beijing [China], August 8 : As Sri Lanka continues to remain in the Chinese debt trap, the biggest petrochemical company in China, Sinopec, is...

Prominent Sri Lankan MP Wijeydasa Rajapakshe flays China over debt-trap diplomacy

Jan 20, 2022

Colombo [Sri Lanka], January 20 : Prominent Sri Lankan Member of Parliament (MP) Dr Wijeydasa Rajapakshe has accused China of indulging in the economic...

Chinese debt trap diplomacy behind Sri Lankan's bankruptcy: Expert

Sep 10, 2022

Brussels [Belgium], September 10 : The debt trap policy of China has affected the Sri Lankan economy as Colombo was declared bankrupt due to...

Lankan President Rajapaksa appoints new financial team for debt sustainability

Apr 07, 2022

Colombo [Sri Lanka], April 7 : Sri Lankan President Gotabaya Rajapaksa on Wednesday night appointed a new financial and economic team for multilateral affairs...

Laos debt pressure on rise, owes large sum of foreign debt to China: Experts

Sep 08, 2022

Nong Khai [Thailand], September 8 : The economic situation of Laos continues to worsen as the country is under a severe shortage of foreign...