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459 views • July 15, 2022

How China Ties Into Sri Lanka’s Debt Crisis

NTD News
NTD News
Sri Lanka's geopolitical value has not only brought opportunities, but also China's attention. By expanding its control in the Indo-Pacific region, China absorbed Sri Lanka into its Road and Belt Initiative. Because of that, Beijing has become the country's biggest lender. NTD takes a closer look at how Sri Lanka found itself in this situation—and how it might dig itself out from under a mountain of debt.
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