News Snapshot:
Sri Lanka won't be able to resolve its debt restructuring problems without help from China as the country teeters on the brink of economic collapse, according to analysts. "You can't get out of this crisis without China," Umesh Moramudali, lecturer at University of Colombo told CNBC on Tuesday. "China needs to agree to restructure its debt, which is not their usual path to take." Sri Lanka said that as of April last year, China accounted for about 10% of its total debt, but Moramudali said in reality that's probably more. Sri Lanka won't be able to resolve its debt restructuring...
