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Sri Lanka’s debt crisis: China risks losing out

Creditors including those based in China are likely to take a haircut from Sri Lanka’s debt restructuring.
Sri Lanka’s debt crisis: China risks losing out
A version of this article was first published on FinanceAsia. Creditors, including those based in China, risk suffering substantial losses from their loans to Sri Lanka, which has defaulted on some of its international debt obligations. The fallout is likely to be exacerbated by possible delays in debt restructuring, which the South Asian nation is negotiating with the support of the International Monetary Fund (IMF). On May 18, Sri Lanka defaulted on its international bonds for…
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