Sri Lanka: The Global Economic Fallout

Sri Lanka is in free fall. The Indian Ocean nation defaulted on its international debts in May and is now running out of fuel and food. The country's prime minister has declared that “rock bottom” is fast approaching. But how did it come to this? And could Sri Lanka's route out of its gravest economic crisis since independence be blocked by China and an international tussle over debt repayments? BBC Newsnight's Ben Chu uncovered a story of a country crushed by domestic mistakes as well as unforgiving global economic forces, with worrying implications for many other developing nations.