This article just ignores non Chinese debt though? Which form the larger share in Pakistan.

https://en.m.wikipedia.org/wiki/National_debt_of_Pakistan#:~:text=About%2015%25%20of%20the%20external,expected%20to%20provide%20additional%20support

And for Sri Lanka, China has offered relief which also led to the IMF also negotiating debt relief with Sri Lanka.

https://www.thehindu.com/news/international/china-reiterates-support-for-sri-lankas-debt-relief-ahead-of-crucial-imf-review/article67205470.ece

I agree with Zambia, the Chinese didn't play nicely there and acted quite hawkishly. But they did restructure the debt in June when western lenders agreed to do the same.

https://www.wsj.com/articles/zambia-reaches-watershed-deal-on-china-debt-2392593a

Also read.

https://www.theatlantic.com/international/archive/2021/02/china-debt-trap-diplomacy/617953/&ved=2ahUKEwivnvGrx6CBAxXeSGwGHQvBAUsQFnoECBwQAQ&usg=AOvVaw2qJ4QHCHowToj-iq2Irs9y

Also your article doesn't really talk about events that lead to the economies of Pakistan and Sri Lanka ( Countrywide floods and covid killing tourism respectively) crashing and implies that it's entirely china's fault. I think they are quite important when talking about dying economies.

Also would like to add that this still doesn't compare to European Colonialism.