China holds approximately 9% of Sri Lanka’s total outstanding debt as of 2017, and 14% amongst bilateral lenders – equivalent to the same share held by neighbouring India. Despite this, Sri Lanka’s engagement with China has become synonymous globally with the Asian giant’s so-called ‘debt diplomacy’ – an euphemism for debt entrapment. As Sri Lanka, […]
Managing Sri Lanka – China Economic Relations: BRI, Debt, and Diplomacy
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