China came to the aid of Sri Lanka in difficult times, willing to reschedule loans
Colombo, January 2022: Chinese Foreign Minister Weng Yi stands arm in arm with Sri Lankan Prime Minister Rajapaksa. China came to the rescue in tough times, agreeing to reschedule Sri Lanka’s debt. After debt restructuring by China, it will be easier for Sri Lanka to get a $2.9 billion package from the IMF. According to…