• header EFSAS

News & Cases

EFSAS comments on China's rushed and ill-considered forays into South Asia


That the euphoria of the early days of easy Chinese money and few questions and demands was replaced not too long thereafter by fears of encroachment upon the sovereignty of small, indebted nations says a lot about how the Chinese incursion into South Asia played out, and how it gradually came to be perceived. Heavily indebted Sri Lanka was compelled by China to lease out national assets to it for a whole century, bringing back memories of the dark long-gone heydays of colonialism. The Maldives, under the controversial former President Abdulla Yameen, came under similar Chinese pressure as Sri Lanka.