Sri Lanka’s Simmering Twin Crises

Growing tension with India and the West has further pushed Sri Lanka into China’s embrace. Gotabaya Rajapaksa’s government increasingly sees a friend in China who can bring much needed foreign exchange to Colombo. Since the pandemic struck in 2020, Beijing has provided crucial and timely economic and health aid support. China provided over US $2 billion in loans and currency swaps. Read More Here

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