The case of Sri Lanka’s Hambantota Port is a lesson to all countries that remain wary of getting caught in China’s debt trap. After the Sri Lankan Government could no longer keep up with payments for ...

Several cases are frequently cited when discussing China’s so-called debt trap diplomacy ... Wickremesinghe defended the Chinese-built Hambantota port but pledged to address India’s security ...

As a consequence, Nepal entangled itself in debt to Chinese ... a financial trap, the international airport may become Nepal's Hambantota. Notably, China built the Hambantota Port in Sri Lanka ...

Mohamad’s decision comes as a number of countries in Asia have taken on a unsustainable amount of Chinese debt ... Hambantota port, which is just a 100 miles from the Indian coast, to China ...

Several cases are frequently cited when discussing China’s so-called debt trap diplomacy: Sri Lanka, Laos, and Malaysia. These examples shed light on how China’s strategy plays out in practice.

Yet the pernicious effects of this debt trap extend far beyond mere economic ... The cautionary saga of Sri Lanka’s Hambantota port, ceded to Beijing on a 99-year lease as a catastrophic debt ...

After running into debt problems, the Indian Ocean island country handed over majority control of the southern Sri Lankan port of Hambantota to a Chinese state-owned firm in 2017 on a 99-year ...

China has been infamous for its skewed economic policies and its debt-trap diplomacy ... when Colombo needed to give up the port of Hambantota to China on a 99-year lease because of non-repayment ...