China's debt trap. Lessons for Sri Lanka and Pakistan.

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China's debt trap. Lessons for Sri Lanka and Pakistan.

Over-dependence on China for economic development could be a disaster for any country, as Pakistan and Sri Lanka have recently discovered.

The China-Pakistan Economic Corridor is a flagship project of China's Belt and Road Initiative.

It intends to connect Gwadar Port in Pakistan's Baluchistan with China's Xinjiang province.

Sri Lanka's economic system, which was already sagging under the weight of debt, collapsed.

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