Sri Lanka cannot alienate other creditors and solve debt problems with only China: Opposition MP

Sri Lanka’s cannot alienate other creditors and solve its debt problem by banking on China alone, with sovereign bond investors now taking about what would happen in the event of a credit event, Harsha de Silva, an opposition legislator said

Oct 16, 2020
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Sri Lanka’s cannot alienate other creditors and solve its debt problem by banking on China alone, with sovereign bond investors now taking about what would happen in the event of a credit event, Harsha de Silva, an opposition legislator said.

Opposition legislator Harsha De Silva said the administration had created a big problem with Japan and one minister has openly berated the Indian Prime Minister in Parliament, the day before a Chinese delegation came to Sri Lanka.
 
“Countries don’t do that,” he said. “The belief I always have is that we cannot develop the local economy by building a wall around Sri Lanka.

https://economynext.com/sri-lanka-cannot-alienate-other-creditors-and-solve-debt-problems-with-only-china-harsha-74818/

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