COLOMBO (Reuters) -- 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.
Colombo asks Beijing for help as it struggles with debilitating financial crisis
Chinese Foreign Minister Wang Yi receives a gift from Sri Lanka's Prime Minister Mahinda Rajapaksa during a meeting in Colombo in January. © Reuters
COLOMBO (Reuters) -- 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.