Geopolitical Economy Report
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Real debt trap: Sri Lanka owes vast majority to West, not China
Posted
July 12, 2022
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36:49Now PlayingSri Lanka owes 81% of its external debt to US and European financial institutions and Western allies Japan and India. China owns just 10%. But Washington blames imaginary “Chinese debt traps” for the nation’s crisis, as it considers a 17th IMF structural adjustment program.
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