2min chapter

Behind the Money cover image

Is Sri Lanka’s economic crisis a canary in the coal mine?

Behind the Money

CHAPTER

What Is China's Role in the Debt Workouts?

A lot of people are calling what has happened with srilanka the canary in the coal mine. I was wondering if you could explain what that means. Now if you look at who's in a bad position, particularly now since 20 20, it's really those who were in a particularly bad position beforehand. So the ones, the big ones, that have defaulted are zambia and Srilanka. They had pre existing troubles, and those problems, in general, are quite particular to those countries. But when you add them up, you've got a lot of countries with their own particular problems. And that creates a systemic problem across certainy frontier, if not into some

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