Sri Lanka begins talks with China on refinancing debt

COLOMBO — 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 has suggested to Colombo that it would prefer to refinance the debt, said Nalaka Godahewa, Sri Lanka’s media minister. “Now since the IMF is willing … Continue reading Sri Lanka begins talks with China on refinancing debt