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debt trap diplomacy

China's debt trap diplomacy responsible for economic calamity in Sri Lanka

International experts warn that other debt-ridden countries -- from Laos in Southeast Asia to Kenya in East Africa -- are teetering toward a similar fate.

published on : 21st July 2022

China employed 'Debt Trap Diplomacy' to gain strategic edge over Sri Lanka: Think tank

China is now the second-largest lender to Sri Lanka, holding more than 10 per cent of Sri Lanka's outstanding foreign debt in 2019.

published on : 10th July 2022