China’s Role in Sri Lanka’s Debt Crisis
China’s Role in Sri Lanka’s Debt Crisis ——
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A diesel locomotive unit being shipped to Sri Lanka, from Qingdao, Shandong province, March 3, 2020.
In this episode of the China in the World podcast, Paul Haenle speaks with Anushka Wijesinha about the ongoing political and economic crisis in Sri Lanka. The discussion covers the domestic and international causes of Sri Lanka’s debt crisis, Beijing’s role in the Sri Lankan economy, and the path forward for debt restructuring negotiations between Colombo and Beijing. The two also touch on the broader impact of China’s development financing in the global south in the context of rising inflation and interest rates around the world.
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