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Sri Lanka’s Hambantota port and the complete collapse of the ‘debt trap’ narrative - Invent the Future
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Sri Lanka’s Hambantota port and the complete collapse of the ‘debt trap’ narrative - Invent the Future
Hambantota, the deep-water port on the south coast of Sri Lanka, was for years the canonical example of what the Trump administration’s erstwhile vice-president Mike Pence labelled “debt-trap diplomacy” – the supposed Chinese practice of luring poor countries into unsustainable loans, then seizing strategic infrastructure when repayment failed. Presenting a menacing, predatory China exploiting hapless … Continue reading Sri Lanka’s Hambantota po…
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