MUMBAI/BEIJING -- Sri Lanka is a step closer to receiving a $2.9 billion bailout package from the International Monetary Fund after China, a leading creditor, offered additional support amid growing calls for relief.
Beijing eyes opportunity to extend clout over Global South
A man carries a sack of vegetables at a main market in Colombo. © Reuters
MUMBAI/BEIJING -- Sri Lanka is a step closer to receiving a $2.9 billion bailout package from the International Monetary Fund after China, a leading creditor, offered additional support amid growing calls for relief.