Sri Lanka’s Hambantota Port, and the Complete Collapse of the “Debt Trap” Narrative
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.2 Articles
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Sri Lanka’s Hambantota Port, and the Complete Collapse of the “Debt Trap” Narrative
By Carlos Martinez – June 6, 2026 For years, Sri Lanka’s Hambantota port was the textbook example of what Western politicians called Chinese “debt-trap diplomacy” – the claim that Beijing lures poor countries into unpayable loans and then seizes their strategic infrastructure. In the following article, Friends of Socialist China co-editor Carlos Martinez shows how comprehensively that story has collapsed. Drawing on studies by Chatham House, th…
Sri Lanka’s Hambantota port and the complete collapse of the “debt trap” narrative
For years, Sri Lanka’s Hambantota port was the textbook example of what Western politicians called Chinese “debt-trap diplomacy” – the claim that Beijing lures poor countries into unpayable loans and then seizes their strategic infrastructure. In the following article, Friends of Socialist China co-editor Carlos Martinez shows how comprehensively that story has collapsed. Drawing on … Continue reading Sri Lanka’s Hambantota port and the complete…
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