Brad W. Setser is the Whitney Shepardson senior fellow at the Council on Foreign Relations (CFR). His expertise includes global trade and capital flows, financial vulnerability analysis, and sovereign debt restructuring. He regularly blogs at Follow the Money.
Since the beginning of the new era, China’s policy of fostering amity, sincerity, mutual benefit, and inclusiveness in neighborhood diplomacy has significantly advanced its relations with neighboring countries. China has reached a
The Chinese Embassy in the Maldives hosted a grand reception on September 30 to celebrate the 76th anniversary of the founding of the People’s Republic of China and the Mid-Autumn Festival. The event brought together nearly 250 distinguished guests, including
Sri Lanka was struck by severe flooding and landslides caused by Cyclone Ditwah, leading to road blockages, destruction of homes and loss of life.
China and Sri Lanka first became connected through Buddhism and later through the Maritime Silk Road. The friendship between the two peoples has transcended
Sri Lanka’s macro-linked bonds (MLBs) are, in fact, not really macro-linked bonds. After 2027, they are standard fixed-income instruments which provide no help in the event of future shocks. The final restructuring terms are
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