The Trap: China’s Debt Restructuring and Strategic Manipulation in Sri Lanka

China’s Belt and Road Initiative (BRI) isn’t quite as lucrative as often advertised. Ten projects found in six nations – Vanuatu, Indonesia, Myanmar, Tajikistan, Pakistan, and Hungary – could not generate sufficient revenue to justify the cost. Projects in Mongolia and Azerbaijan face the same problem, despite gross gains. It falls on these countries to … Continue reading The Trap: China’s Debt Restructuring and Strategic Manipulation in Sri Lanka