Sri Lanka is in the grip of its worst economic and financial crisis since independence in 1948, plunging the country into chaos. In addition to the pandemic and the Russia-Ukraine war that have severely damaged the world’s second-largest tea exporter and major tourist destination, the country is also mired in the Chinese Communist Party (CCP)’s…
Debt Trap: Beijing’s Role in Sri Lanka’s Crisis
May 13, 2022
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Asia & PacificBelt and Road Initiative (BRI)Chinachina-sri lankadebt trap diplomacyFinance & Business TiesGlobal ExpansionSpecial TopicsWorld
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