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

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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
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