Sri Lanka’s Hambantota port and the complete collapse of the “debt trap” narrative - Friends of Socialist China
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For years, Sri Lanka’s Hambantota port was the textbook example of what Western politicians called Chinese “debt-trap diplomacy” – the claim that Beijing lures poor countries into unpayable loans and then seizes their strategic infrastructure. In the following article, Friends of Socialist China co-editor Carlos Martinez shows how comprehensively that story has collapsed. Drawing on … Continue reading Sri Lanka’s Hambantota port and the complete collapse of the “debt trap” narrative

For years, Sri Lanka’s Hambantota port was the textbook example of what Western politicians called Chinese “debt-trap diplomacy” – the claim that Beijing lures poor countries into unpayable loans and then seizes their strategic infrastructure. In the following article, Friends of Socialist China co-editor Carlos Martinez shows how comprehensively that story has collapsed. Drawing on … Continue reading Sri Lanka’s Hambantota port and the complete collapse of the “debt trap” narrative

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