According to CNN, Sri Lankan Prime Minister Ranil Wickremesinghe said that his country was "bankrupt" on 5 July 2022. A Wall Street Journal article by Tankah Ishan(2022)¹ mentioned that some critics argued that loans from Beijing may play a role in this so-called "debt-trap diplomacy", meaning loans were granted to make the countrydependent on China. 

Discuss whether you agree or disagree with the criticism above, and why.

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I agree with the criticism that loans from Beijing may have played a role in Sri Lankas economic cri... View the full answer