Sri Lanka caught in a 'strategic debt trap'

Apr 04, 2022

Colombo [Sri Lanka], April 5 : Sri Lanka, a flourishing island nation of 22 million, has finally fallen to China's debt-trap diplomacy.

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...

World Bank says Sri Lanka's economic outlook uncertain, needs urgent policy measures

Apr 14, 2022

Colombo [Sri Lanka], April 14 : Sri Lanka needs urgent policy measures to address its high levels of debt and debt service, reduce 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.

Sri Lanka must avoid China's debt restructuring as Beijing is to seek preferential treatment

Aug 16, 2022

Colombo [Sri Lanka], August 16 : China will seek preferential treatment on debt restructuring in Sri Lanka which will mostly cater to Beijing's own...