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With the ongoing debt crisis in Sri Lanka turning the spotlight on China’s lending practices, Beijing has been pushing back against allegations of what has been called “debt trap diplomacy”. Many economies are reeling from the impact of the COVID-19 pandemic, which has worsened financial stress. Some of those countries, such as Sri Lanka and Zambia, were also the recipients of large Chinese loans. Experts have noted that while Chinese lending may have worsened debt problems in some countries, debt owed to China was in most cases dwarfed by what was owed to other lenders, including the World Bank and International Monetary Fund. Read more: https://www.thehindu.com/news/interna... Thank you for watching our video! You can subscribe to our channel here: https://bit.ly/3c8Adi6 Visit https://www.thehindu.com/ for the latest updates, analysis, opinions, and more. You can also download our apps: Android: https://bit.ly/3nboBEi iOs: https://apple.co/3EDCwt4 The Hindu is committed to keeping you up-to-date with information on the developments in India and the world. We promise to deliver quality journalism that stays away from vested interest and political propaganda. You can support us by subscribing to our digital offerings here: https://bit.ly/3emywiz Follow us: Twitter: / the_hindu Instagram: / the_hindu #China #SriLanka #DebtTrap