Coronavirus Threatens China and Road Loans

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Others also hope for relief. “We didn’t just ask from China,” said S.R. Attygalle, Secretary of the Treasury of Sri Lanka, in an interview, citing requests to Japan and the China Export-Import Bank. In the meantime, he said, the Development Bank of China has extended a $ 700 million line of credit to help Sri Lanka cope, lowered the interest rate, and delayed the repayment period. two years.

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