AP propaganda .
No, it’s not propaganda.
Pakistan is collapsing. Sri Lanka collapsed.
The Chinese loans didn’t cause it, but were a big contributor.
Both countries collapsed because the rulers wanted vanity projects and China gave them easy money (with string attached) to do it.
Sri Lanka had a lot going for it until Rajapakshe decided to build a vanity port and a new capital. Huge billion dollar boondocks.
Most sensible banks refused to loan him money for this, but the Chinese gave them the money with the condition that if they failed, then China got the land.
Oh and the loans were for the Sri Lankans to pay Chinese companies to build and build with China made materials.
Pakistan is a similar story but on a wider scale.