Sri Lanka stuck in its debt trap but still thirsty for China’s poison

Sri Lanka 07/18/22, 01:32

After getting close to China, then being stuck in China’s debt trap, Sri Lanka is still thirsty for the Chinese regime’s sweet poison. On July 15, Bloomberg reported that Sri Lankan Acting President Ranil Wickremesinghe is seeking for the International Monetary Fund to provide financial support.  Sri Lanka’s federal government owes global ...

Sri Lanka: Fatal victim of the CCP’s ‘Belt and Road’

Sri Lanka 07/13/22, 16:36

Sri Lanka has been plunged into a deep economic and political crisis for some time now and reached its deepest point last Saturday, July 9, when President Gotabaya Rajapaksa fled his official residence in Colombo, the capital of the country, moments before thousands of protestors violently entered the presidential house in ...

Beijing remains reluctant to Sri Lanka’s loan request help

Sri Lanka 06/11/22, 02:14

As Taiwan Newtalk said on June 6, Sri Lanka is currently in a serious economic crisis; President Gotabaya Rajapaksa wants China to help with the debt burden. Speaking at a press conference on June 8, the Chinese Foreign Ministry made remarks regarding Sri Lanka's request. Foreign Ministry Spokesperson Zhao Lijian said ...