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Joe Biden s Treasury Secretary will visit China this week for the first time, as the U.S. continues in its efforts to ease tension with Beijing. Her visit follows that of Antony Blinken last month. ....
China s absence from the Sri Lankan debt restructuring meeting in Washington in April indicates growing frustration over Beijing s approach to the debt problems faced by developing countries, Daily Mirror reported. China Skips Sri Lankan Debt Restructuring Meeting in Washington. ....
Sri Lanka is already facing an economic crisis due to the COVID-19 pandemic and financial mismanagement, especially during Gotabaya Rajapaksa's presidency. He granted an unprecedented tax benefit to big companies soon after the election. As a result, the government lost a lot of revenue due to government coffers. ....
China absence from the Sri Lankan debt restructuring meeting in Washington in April indicates growing frustration over Beijing approach to the debt problems ....