Port politics: How China fits into Sri Lanka’s economic crisis
by Ann Scott Tyson
Aug 19, 2022
3 minutes
China’s financing and operation of Sri Lanka’s Hambantota port, where a Chinese missile-tracking vessel docked this week despite objections from the United States and India, have been raised as a cautionary example of “debt trap diplomacy” – a strategy in which a country loans money to smaller nations, which may not be able to repay their debts, as a way to boost geopolitical influence. Some even blame China for the island nation’s economic nosedive. Yet experts say Sri Lanka’s debt crisis is
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