September 29, 2020

I Lanka News

Sri Lankan News

Sri Lanka rejects fears of China’s ‘debt-trap diplomacy’ in belt and road projects

Sri Lanka rejects fears of China’s ‘debt-trap diplomacy’ in belt and road projects

Kodituwakku was speaking to the South China Morning Post at the Sri Lankan embassy in Beijing earlier this month, before the devastating Easter Sunday bombings, which have so far killed at least 290 people.

Sri Lanka’s debts include loan repayments to individual nation lenders such as Japan and China, as well as to multilateral financial institutions like the IMF.