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· Despite the debt trap situation in Sri Lanka that necessitated the 99 year lease of Hambantota Port to China Colombo appears to be ever more willing to take more money from China while rejecting
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· Sri Lanka has begun discussions with China about refinancing its debt a cabinet spokesman said on Tuesday as Colombo struggles with its worst financial crisis in decades
· China accounted for about 10% of Sri Lanka s $35bn foreign debt to April 2022 government data shows Officials said China s total lending could be much higher when taking into account loans
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