The Cat and the Mouse; Srilanka and China’s Loan Trap Policy: How the Chinese Dragon Stabbed the Island at Back?

Robert H. Anderson

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Beschreibung zu „The Cat and the Mouse; Srilanka and China’s Loan Trap Policy: How the Chinese Dragon Stabbed the Island at Back?“

After gaining independence from Britain in 1948, Sri Lanka is in the worst economic crisis this time. The Corona pandemic, the inefficiency of the government in managing the national economy, the increase in the price of energy around the world and the foreign currency reserves in the state treasury have fallen to the bottom have created a disastrous situation in Sri Lanka. Sri Lanka is unable to pay import prices for essential commodities such as fuel, food and medicine. Sri Lanka's power plants are not able to produce the required electricity due to the irregular supply of diesel. As a result, there has been no electricity for most of the day for the past few months. Sri Lanka is going through a very bad situation. It is said that Sri Lanka is in the worst economic crisis since the independence of the country in 1948. The book investigates China's loan trap policy and its role in present Srilankan crisis. Is it really the Chinese dragon stabbed the island nation at the back? Or the country itself is all responsible? Read the research oriented book to know more....

Verlag:

Bluebird Publications

Veröffentlicht:

2022

Druckseiten:

ca. 13

Sprache:

English

Medientyp:

eBook


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