China lent billions to poor countries. They can’t pay it back. May 19, 2020
But it looks like India is coming to the rescue...
Sri Lamka population = 22 Million people....Sri Lanka’s also has had monster external debt arising from their persistent trade deficits...$60 billion debt.
How can they ever repay their debt since they don’t have goods to offer that
their creditor nations want to buy?
It appears Sri Lanka is yet another debtor nation.