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New Report Debunks Chinese Debt Trap Narrative in Sri Lanka

The China-Global South Podcast

CHAPTER

Sri Lanka's Debt Restructuring Program Has So Far Goed Off the Rails

China's role in terms of what China's approach to debt restructuring is critical right now for us. We need financial assurances, financing assurances from the bilateral craters primarily and start good faith negotiations with the private craters. And on the bilateral side, we are having the negotiations, but we need some kind of consensus among the bilaterals on what they are approaches. So that consensus is taking time. The delay means a lot of space for a lot of speculation and to no feeding"

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