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China avoids bailing out Sri Lanka, Pakistan as their debt deepens: Report

Beijing [China], April 15 (ANI): China is displaying reluctance in assisting with loan bailouts to Sri Lanka and Pakistan, which are facing severe economic and foreign debt crises even as the Asian giant was earlier keen on providing loans for various infrastructure projects in these countries, according to a media report.
According to an analysis in The Straits Times, China’s cautious approach reflects both a refining of