Patrick Mendis and Joey Wang say Sri Lanka’s debt trap should serve as a warning on Chinese largesse, amid doubts over efficient resource allocation by China’s banks and concerns that borrowing nations may be committing to a Faustian deal
Belt and road, or a Chinese dream for the return of tributary states? Sri Lanka offers a cautionary tale
Patrick Mendis and Joey Wang say Sri Lanka’s debt trap should serve as a warning on Chinese largesse, amid doubts over efficient resource allocation by China’s banks and concerns that borrowing nations may be committing to a Faustian deal
Topic |
Belt and Road Initiative
Patrick Mendis and Joey Wang say Sri Lanka’s debt trap should serve as a warning on Chinese largesse, amid doubts over efficient resource allocation by China’s banks and concerns that borrowing nations may be committing to a Faustian deal
