Day: August 2, 2022

Advertisement U.S. Speaker of the House Nancy Pelosi and a congressional delegation landed in Taiwan late Tuesday night, local time, following weeks’ worth of increasingly dire warnings from Chinese officials and media against the visit. Taiwan’s Foreign Minister Joseph Wu, along with Sandra Oudkirk, the head of the de facto U.S. embassy on Taiwan, were there to greet Pelosi upon her arrival. In Taiwan, Pelosi is expected to meet with Taiwanese legislators as well as President Tsai Ing-wen. “Our Congressional delegation’s visit to Taiwan honors America’s unwavering commitment to supporting Taiwan’s…

Advertisement As Sri Lanka embarks on debt restructuring negotiations with key lenders in parallel to discussions with the International Monetary Fund (IMF), it is useful to consider the seminal role of China, one of Sri Lanka’s top creditors. How China deals with Sri Lanka will be a crucial determinant in the trajectory and timing of Sri Lanka’s debt restructure, and in turn, consequential to the country’s path toward debt sustainability and economic recovery. Just this past week, in an interview about Sri Lanka’s crisis, an IMF official singled China out,…