Sri Lanka made ‘dumb bets’ on China: CIA chief on crises-hit country
The head of the US spy agency on Wednesday blamed "stupid betting" in a whole Chinese investment as a factor in the economic collapse of Sri Lanka which triggered a political crisis in the island country. Speaking at the Aspen Security Forum, Head of Bill Burns Cia said the mistake must function as a warning to other countries.
The Chinese have a lot of weight to be thrown and they can create a very interesting case for their investment, "Burns said.
He added that the nation must see "a place like Sri Lanka today - very owed to China - which has made some stupid bets about their economic future and suffer very large, both economic and political consequences, as a result."
That, I think, should be an object lesson for many other players - not only in the Middle East or South Asia, but throu...