After ensnaring Sri Lanka in debt trap, China turns a blind eye as country's economic woes turn critical: Report

Geneva [Switzerland], April 4 (ANI): As Sri Lanka faces its worst economic crisis in decades and struggles to pay loans, China turns a blind eye after ensnaring the island nation in a debt trap, said a European-based Think Tank.

A major problem that Sri Lanka is facing is its huge foreign debt burden, and it owes over USD 5 billion to China alone. Sri Lanka's foreign reserves are shrinking partly because of construction p