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China seems to be shifting its strategic focus towards Southeast Asia and Africa, Sri Lanka’s President Gotabaya Rajapaksa stated, noting that South Asian international locations in monetary bother aren’t getting the identical consideration from Beijing as earlier than.
In an interview Monday, Rajapaksa stated that Sri Lanka couldn’t faucet a $1.5 billion credit score line from Beijing and has but to listen to again on his request to President Xi Jinping for a $1 billion mortgage to purchase important items. He stated China indicated it could assist Sri Lanka, whereas including that “often they don’t like” lending out more cash to cowl earlier debt funds.
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