Sri Lanka Seeks Chinese Debt Reschedule for Crashing Economy

Sri Lanka Seeks Chinese Debt Reschedule for Crashing Economy

Cash-strapped Sri Lanka sought to reschedule its huge Chinese debt burden in Sunday talks with visiting foreign minister Wang Yi, the president’s office said. The island’s tourism-dependent economy has been hammered by the pandemic and its depleted foreign exchange reserves have led to food rationing at supermarkets and shortages of essential goods. Key ally China […]

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