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According to CNN, Sri Lankan Prime Minister Ranil Wickremesinghe said that his country was bankrupt on 5 July 2022. A Wall Street Journal article by
According to CNN, Sri Lankan Prime Minister Ranil Wickremesinghe said that his country was "bankrupt" on 5 July 2022. A Wall Street Journal article by Tankah Ishan(2022)1 mentioned that some critics argued that loans from Beijing may play a role in this so-called "debt-trap diplomacy", meaning loans were granted to make the countrydependent on China.
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Business A Changing World
Authors: O. C. Ferrell, Geoffrey Hirt, Linda Ferrell
10th edition
1259179397, 978-1259179396
