Sri Lanka was on the verge of bankruptcy. If U.S. President Donald Trump's imposes his proposed tariffs, the country’s ...

China has emerged as Sri Lanka’s largest single bilateral creditor, accounting for more than half of its $14bn bilateral debt at the time the island defaulted on its sovereign debt in 2022.

China has emerged as Sri Lanka's largest single bilateral creditor, accounting for more than half of its $14 billion bilateral debt at the time the island defaulted on its sovereign debt in 2022.

China has emerged as Sri Lanka’s largest single bilateral creditor, accounting for more than half of its $14 billion bilateral debt at the time the island defaulted on its sovereign debt in 2022.