Sri Lanka appeals to China to ease debt burden amid economic crisis
#1

Sri Lanka appeals to China to ease debt burden amid economic crisis

President urges rescheduling of payments amid food and electricity rationing after pandemic hit tourism sectorCash-strapped Sri Lanka has sought to reschedule its huge Chinese debt burden in talks with visiting foreign minister Wang Yi, the president’s office said.“The president pointed out that it would be a great relief if debt payments could be rescheduled in view of the economic crisis following the pandemic,” President Gotabaya Rajapaksa’s office said in a statement on Sunday. Continue reading...

https://clck.ru/ahXEa

#Sri_Lanka #China #Asia_Pacific #South_and_Central_Asia
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#2

Debt diplomacy.

Once you owe $$$...

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#3

(10-01-2022, 11:35 AM)sgbuffett Wrote:  Debt diplomacy.

Once you owe $$$...

Which country in Asia doesn't borrow money from IMF, World Bank, etc.?
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#4

(10-01-2022, 11:35 AM)sgbuffett Wrote:  Debt diplomacy.

Once you owe $$$...
You go which bank no need pledge assets for loan? Pls name them quick so we can go borrow
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#5

(10-01-2022, 11:35 AM)sgbuffett Wrote:  Debt diplomacy.

Once you owe $$$...

If were to be IMF, u be seeing a stern folding arms IMF director

[Image: http%3A%2F%2Fcom.ft.imagepublish.upp-pro...&width=240]


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#6

heard many sri lanka business man very jialat, many cannot transfer large sum out from the country.
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#7

(10-01-2022, 11:44 AM)wulala Wrote:  heard many sri lanka business man very jialat, many cannot transfer large sum out from the country.

Many countries are very jialat.

Thanks to Assmerica for flooding the world with US$ and all sorts of sanctions, trade war, etc.! Angry
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#8

(10-01-2022, 11:38 AM)cityhantam Wrote:  Which country in Asia doesn't borrow money from IMF, World Bank, etc.?

Most countries borrow from the govt bond market....not so much from another govt.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#9

(10-01-2022, 12:03 PM)sgbuffett Wrote:  Most countries borrow from the govt bond market....not so much from another govt.

Is that so?

Just quote you a few :

https://www.reuters.com/article/india-tr...DQ20151022

Japan offers India soft loan for $15 billion bullet train in edge over China


https://www.reuters.com/article/idUSHAN159060

Vietnam will build a high speed railway with aid from Japan at an estimated cost of US$33 billion


Your beloved Dr. M also tried to ask for money from Japan :

https://asia.nikkei.com/Politics/Malaysi...ncial-woes

Malaysia asks Japan for yen loan to solve financial woes
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#10

https://news.cgtn.com/news/2022-01-10/Ch...index.html
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#11

(10-01-2022, 12:10 PM)cityhantam Wrote:  Is that so?

Just quote you a few :

https://www.reuters.com/article/india-tr...DQ20151022

Japan offers India soft loan for $15 billion bullet train in edge over China


https://www.reuters.com/article/idUSHAN159060

Vietnam will build a high speed railway with aid from Japan at an estimated cost of US$33 billion


Your beloved Dr. M also tried to ask for money from Japan :

https://asia.nikkei.com/Politics/Malaysi...ncial-woes

Malaysia asks Japan for yen loan to solve financial woes

Sgbutt always push agenda based on his hallucinations. His research is always CNN and Bloomberg and sponsored by Yank Daddy  Fundance


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#12

(10-01-2022, 01:49 PM)Fleetdestroyer Wrote:  https://news.cgtn.com/news/2022-01-10/Ch...index.html

I understand that China had helped Sri Lanka with a port project, and if they cannot repay the loan, then the port will be taken over by China...
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#13

(10-01-2022, 02:51 PM)debono Wrote:  I understand that China had helped Sri Lanka with a port project, and if they cannot repay the loan, then the port will be taken over by China...

If you borrow money from bank to buy a house, and then can't pay back the loan, what will happen to your house?
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#14

(10-01-2022, 02:56 PM)cityhantam Wrote:  If you borrow money from bank to buy a house, and then can't pay back the loan, what will happen to your house?

It will be taken over by the bank and sell in the open market or auction......
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#15

(10-01-2022, 02:58 PM)debono Wrote:  It will be taken over by the bank and sell in the open market or auction......

I am surprised you actually know that!  Clapping Clapping Clapping
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#16

(10-01-2022, 03:00 PM)cityhantam Wrote:  I am surprised you actually know that!  Clapping Clapping Clapping

Be careful. Double head snake Laughing


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#17

(10-01-2022, 12:03 PM)sgbuffett Wrote:  Most countries borrow from the govt bond market....not so much from another govt.

But for a country with not so good credit rating, how much yields will their bond need to give to attract people to buy?

1. I have served the nation in a combat unit for 2.5 + 10 years. I had fulfilled my duty as a citizen, but has the country do it's part for me?
2. I don't know where the threat of CCP is, but I know the threat of CECA is already at my doorsteps
3. I had been called a CCP, JHK, Pinoy, but they never called me a CECA..
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#18

(10-01-2022, 05:20 PM)ArielCasper Wrote:  But for a country with not so good credit rating, how much yields will their bond need to give to attract people to buy?

No buyer!  crying
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#19

https://youtu.be/s0-Cnq4AKD4
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#20

https://youtu.be/oV5nvgp6RDE
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#21


【頭條開講】斯里蘭卡求生!茶金還債!世界銀行點名會破產!中國債僅佔10%!西方卻喊一帶一路拖垮?真相是世界銀行背後是美國?@頭條開講 精華版
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#22

China already not being paid. The only way is thr. Asset inflation.
US corporation owned by England owned by the CROWN corporation died.
Plandemic crashes Big Time in England.
ICC CID approached UK police
Police will be arrested as complicit if they don't close down vaccine centers
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#23

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#24

Brexit playboy in action
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#25

(21-01-2022, 01:15 AM)cityhantam Wrote:  

【頭條開講】斯里蘭卡求生!茶金還債!世界銀行點名會破產!中國債僅佔10%!西方卻喊一帶一路拖垮?真相是世界銀行背後是美國?@頭條開講 精華版

10% is not a lot but if can save a bit is a bit.
Another way to look at it is , they maybe the only party that more likely to extend the credit.
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#26

°
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#27

(21-01-2022, 07:25 AM)watchfirst9 Wrote:  10% is not a lot but if can save a bit is a bit.
Another way to look at it is , they maybe the only party that more likely to extend the credit.
China's national debt only accounts for 10%.  The west calls the Belt and Road initiative to collapse......
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