Thinking About China
Opinion

Cancel All Debts to China

Cancel All Debts to China
The Grand Aurora vehicle carrier sits moored at Hambantota Port, operated by China Merchants Group, in Hambantota, Sri Lanka, on March 28, 2018. Under the overwhelming burden of the Chinese debt, the Sri Lankan government had to lease the port to Beijing for 99 years. Atul Loke/Bloomberg via Getty Images
Anders Corr
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Commentary
One of the many threats to the United States from China runs through Sri Lanka. In that South Asian country, there are ongoing food riots. Sri Lanka owes so much to Beijing that it had to surrender one of its ports, plus 15,000 acres, for 99 years. Beijing doubtless seeks to turn the port, about 250 miles from its arch-rival India, into a naval base.
Anders Corr
Anders Corr
Author
Anders Corr has a bachelor's/master's in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea" (2018).
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