China builds Sri Lanka's $15 billion city

[huanghong]

Modern east india company

An East India Company that was asked by a sovereign state to take over land.

 

[Ravenman]

I wish Sri Lanka the best.

Hopefully this u a real project and not another Chinese debt-trap.

 

[Beijingwalker]

If not for Chinese meddling, they might have done even better

LOl, why you India can not do better? why being stuck in low income category for decades?

 

[Beijingwalker]

I wish Sri Lanka the best.

Hopefully this u a real project and not another Chinese debt-trap.

Turkey also borrows billions from China, why?

 

[Blain2]

good loan required for the country vs predatory loan taken by corrupt past president?

Why the assumption that what you give them is "good" and what they got from China was "predatory"? Maybe Chinese came in when SL needed the assistance the most and the conditions (whatever they may have been) were found reasonable by them.

It is only the western media, dictated to by the western power centers, that paints all things China does in SEA, Africa as predatory, destructive. If it were then at the very worst they are no different than WB/IMF etc. and at best, helping countries out without a ton of conditionalities and arm twisting as done by Western governments and their institutions, is a helping hand.