Sri Lanka Brief
Debt Trap

Debt Trap

  • Vice President Robredo warns of China debt trap, cites Sri Lanka Read more >

    Vice President Robredo warns of China debt trap, cites Sri Lanka

    Image:Vice President Leni Robredo. The  administration’s new source of financing for its ambitious infrastructure projects, China, could lead the Philippines into a “debt trap” as it did other countries that had borrowed heavily from the Asian giant, according to Vice President Leni Robredo. Robredo cited the project to build a new Bicol Express, a rail […]

  • Sri Lanka Accepts Chinese Demands to Avoid Debt Trap Read more >

    Sri Lanka Accepts Chinese Demands to Avoid Debt Trap

    (Sri Lanka’s Prime Minister Ranil Wickremesinghe,  chats with Chinese Premier Li Keqiang during a welcome ceremony outside the Great Hall of the People in Beijing, April 7, 2016.) Saibal Dasgupta /BEIJINGSri Lanka has agreed to resume work on a Chinese-funded $1.4 billion Colombo Port City project that had stalled a year ago.The decision to restart […]

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