Lanka reeling under China's debt-trap; Panagariya flags dubious investments

Sri Lanka an example of how big-ticket Chinese investments can go awfully wrong. Crisis-hit Sri Lanka is part of china's so-called Belt and Road Initiative (BRI). The project aims to fund & build infra linking China to other parts of the globe. Untenable debt-for-infra deals help Beijing further its geostrategic interests. The Rajapaksa family turned to China for loans since the civil war ended in 2009.

Story Saved
Live Score
Saved Articles
My Reads
My Offers
Sign out
New Delhi 0C
Thursday, October 05, 2023
Start 14 Days Free Trial Subscribe Now
Register Free and get Exciting Deals