Sri Lanka: Nation's economic meltdown uncovers Chinese 'debt-trap' policy.
The Japan News Net on May 15:
China offered debt-stricken Sri Lanka more loans to overcome its economic distress amid rising protests in the country.
The slump is blamed on currency shortages caused by the travel ban imposed during the COVID-19 epidemic. However, Chinese loans are considered to be another major factor for debt-ridden Sri Lanka.
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