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China expresses support for Sri Lanka ahead of debt meeting

Por: ABC News Business February 15, 2023

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BEIJING -- China expressed support for Sri Lanka ahead of a meeting Friday of government lenders to poor economies but did not say if it might help to cut multibillion-dollar debts that have plunged the Indian Ocean island nation into financial and political turmoil.Beijing is one of Sri Lanka's biggest creditors after it borrowed under President Xi Jinping’s Belt and Road Initiative to expand trade by building ports and other facilities... + full article



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