Sri Lanka crisis

Nepotism, bad policy push Sri Lanka to brink of economic ruin

Some blame China's 'debt trap diplomacy' but reasons for crisis are legion

TORU TAKAHASHI, Nikkei senior staff writer
May 15, 2022 17:00 JST

TOKYO -- Sri Lanka is on the brink of economic collapse, mired in its biggest financial crisis since independence in 1948.

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