China’s Belt and Road : A Debt trap for Sri Lanka , CNA Correspondent

: A Debt Trap for Sri Lanka The ambitious Belt and Road Initiative (BRI) launched by China has been a subject of both admiration and skepticism. While it promises to enhance global connectivity and foster economic growth, concerns have been raised about its potential impact on the participating countries, particularly in terms of debt sustainability. Sri Lanka, a small island nation in South Asia, provides an intriguing case study in this regard. The country embraced China’s financial assistance with open arms, envisioning a modernized infrastructure and increased trade opportunities. However, as time went by, it became apparent that there was … Continue reading China’s Belt and Road : A Debt trap for Sri Lanka , CNA Correspondent