A NOTE from a PAL in Britain: “The American media egged on by the politicians have been quite scathing about Sri Lanka’s borrowing from China. Please watch this short video below and understand that the USA has a different agenda to heap opprobrium on China such as to sour Sri Lanka/China relations for its political advantage.”
LISTEN to Dr Nishan de Mel on NewsFirst =https://www.facebook.com/VeriteResearch/videos/2347743372123536/
IN SUMMARY: Sri Lanka’s debt problem is not because of Chinese loans. Chinese loans are
1. a smaller share of Sri Lanka’s total external debt,
2. cheaper and
3. easier to recycle.