Sri Lankan President Asks China to Restructure Debt Repayments

Chinese Foreign Minister Wang Yi arrives with Sri Lanka’s President Gotabaya Rajapaksa and Sri Lanka’s Sports Minister Namal Rajapaksa during his visit to Colombo Port city project, in Colombo, Sri Lanka, January 9, 2022. REUTERS/Dinuka Liyanawatte

Sri Lanka’s President Gotabaya Rajapaksa asked China to help restructure debt repayments as part of efforts to help the South Asian country weather a worsening financial crisis, his office said in a statement on Sunday.

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SOURCE: Reuters – By Uditha Jayasinghe; Reporting by Uditha Jayasinghe, Editing by Rupam Jain and Susan Fenton