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Sri Lanka closes $2 9 billion deal with IMF after China s support

  Bonds jump, rupee gains on prospect of IMF deal signing Sri Lanka says it has completed all previous actions required by the IMF China EXIM provided ‘specific’ financial guarantees – sources Colombo in talks with India to expand $1 billion credit line COLOMBO/WASHINGTON, March 7 (Reuters) – Sri Lanka looks set to receive a […]

West s debt trap allegations don t stand up to scrutiny

Earlier this month, during his first official visit abroad since his appointment as China's foreign minister, Qin Gang vehemently denied allegations that his country's aid to African nations is a "debt trap".

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