China Gives Immediate Relief To Debt-Ridden Sri Lanka – Analysis

China's EXIM Bank says in a letter to Sri Lanka that the latter need not pay back the principal and interest due on EXIM bank's US$ 2.8 billion loan that were due in 2022 and 2023.   

Reuters reported on Tuesday that the Export-Import Bank of China has told Sri Lanka, through a letter, that it is going to provide an...