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New Report Debunks Chinese Debt Trap Narrative in Sri Lanka

The China-Global South Podcast

CHAPTER

Sri Lanka - What Is the China Development Bank?

I'm not exactly sure what aid data was referring to but what the so-called rescue lending I would say I assume that they were referring to some of these foreign currency term financing facilities. Because these are not project lending these are direct money like they're just it's very much similar to Euro bond except the maturity structure is different. You pay this in installments you get a grace period and you have a much lower interest than Euro bond. So technically speaking syndicated loan from CDB has been a better deal for Sri Lanka than Euro Bond.

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