Posted inChinaEuropean UnionSouth AsiaSri LankaWorld

China, Sri Lanka at loggerheads over interest rates

COLOMBO – While the world focused on Donald Trump’s shocking victory at the US Presidential Election, another global superpower was at loggerheads with tiny Sri Lanka after a senior minister in the Sri Lankan government accused China of lending money to the island nation at much higher interest rates than the accepted lending rates. Sparks […]