Sri Lanka
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Sri Lanka Current Predicament due to China’s Debt Trap
China is substantially to blame for Sri Lanka’s current position along with the island nation’s rulers’ budgetary profligacy, which is presently wracked by economic and political turmoil. Sri Lanka has received huge loans from China, which it has used to construct an airport and a seaport. The airport, Mattala Rajapaksa International airport, which has been…
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India pushes China aside to build wind farms in Sri Lanka
On Tuesday, India has agreed to create three Sri Lankan wind farms on islets shared by the two countries, marking a victory for New Delhi after the project was pulled away from a Chinese business. New Delhi has long been concerned about the region’s expanding Chinese influence.
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India has put a stop to China’s new debt trap with Sri Lanka.
According to a report in the Sri Lankan media, China has chosen to halt work on a project to build Hybrid Energy Systems in Sri Lanka by Sino Soar Hybrid Technology. These systems were supposed to be built on three northern islands near India.
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Buddhist Majority Countries Been Spared by COVID-19?
With the countries across the world reeling by the impact of Coronavirus pandemic, Buddhist majority countries are faring well. Has COVID-19 spared these Buddhist majority countries? Is there some Karmic grace to explain the comparative stand out in terms of the impact of the pandemic that has caused the never seen health and economic devastation…