A few years ago, Sri Lanka had a booming tourism industry and promising infrastructure projects that made global headlines. Now the country is broke. What went wrong?
COLOMBO, Sri Lanka (AP) The president of debt-ridden Sri Lanka on Sunday asked China for the restructuring of its loans and access to preferential credit for imports of essential goods, as the island nation struggles in the throes of its worst economic crisis, partly due to Beijing-financed projects that don’t generate revenue.
COLOMBO, Sri Lanka (AP) — The president of debt-ridden Sri Lanka on Sunday asked China for the restructuring of its loans and access to preferential credit for imports of essential
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