Dragon is swallowing Political System too
China's debt trap is believed to be one of the main reasons behind the political instability in Sri Lanka. China has indebted many countries in Asia and Africa. This leads to political unrest in many countries. …. Sri Lanka's economic bankruptcy and the resulting political instability have been the talk of the town for weeks. While searching for the causes of Sri Lanka’s bankruptcy, everything from failed farming policies, the prevalence of the covid and tourism to failed projects like Hambantota are being analyzed. The economic and political upheaval in Sri Lanka also appears to be the main reason for China's mountain of debt. Considering the region from Southeast Asia to South Asia and Africa, many of these countries are stuck in China's 'debt trap', which has led to political instability in many countries. Even though the Sri Lankan chapter is currently underway, the issue of China has been instrumental in the transition of power in Pakistan, Ma...