Renewed Calls For Chinese Debt Relief as Wang Yi Wraps Up Africa & Indian Ocean Tour in Sri Lanka

Chinese Foreign Minister Wang Yi (L) is greeted by Sri Lanka's Prime Minister Malinda Rajapaksa in Colombo on January 9, 2022. ISHARA S. KODIKARA / AFP

Chinese Foreign Minister Wang Yi concluded his week-long, five-nation tour of East Africa and Indian Ocean states on Sunday in Sri Lanka, where he held talks with Prime Minister Malina Rajapaksa and his brother President Gotabaya Rajapaksa.

The politically sensitive issue of debt relief topped the agenda during Wang’s meetings with the ruling family. Sri Lanka’s economy is grappling with a foreign exchange crisis brought on by surging import bills, a slowing economy, and rising debt servicing costs. 

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by Eric Olander

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