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Features Australia

China’s port, Sri Lanka’s storm

Colombo’s crisis is Beijing’s opportunity

30 July 2022

9:00 AM

30 July 2022

9:00 AM

The total meltdown of the Sri Lankan economy in recent months should be a salutary lesson to other nations that the combination of political nepotism and personal enrichment, growth-destroying agricultural policies, and massive foreign indebtedness, is a recipe for national disaster. It should also serve as a warning to others that the promised honeypot of Chinese funding carries significant risks to national sovereignty.

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