debt challenges: China assures Sri Lanka of its help in addr

China has promised to help Sri Lanka address its debt challenges as the country needs to restructure its domestic and external debt, worth $41bn, before September in order to meet conditions for the International Monetary Funds (IMF) first review. The IMF has granted Sri Lanka a $2.9bn bailout over the next four years with a review scheduled between September 11 and 19.

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