China's new deal with Sri Lanka

‘Unwelcome news’: should India be worried about Sri Lanka and China’s growing cooperation?
The new deals ‘signal a deepening of China’s influence in Sri Lanka’ and revive concerns of a debt trap, analysts say.
Sri Lanka and China renew $1.4 billion currency swap for 3 years
The Central Bank of Sri Lanka (CBSL) and the People’s Bank of China (PBoC) have renewed the Bilateral Currency Swap Agreement signed in 2021, for a period of another three years, under the terms and c
China will continue to help Sri Lanka achieve financial relief
China will continue to play a "positive role" in the International Monetary Fund and maintain friendly communication with other creditors, in assisting Sri Lanka to achieve financial relief and debt sustainability,
The leader of Sri Lanka navigates the China-India rivalry on a visit to Beijing
Sri Lanka’s Marxist-leaning President Anura Kumara Dissanayake has held talks with Chinese leader Xi Jinping, one month after visiting India on his first overseas trip since winning election in September.
Sri Lanka’s economic sectors gear up for further growth in early 2025
Sri Lanka’s Purchasing Managers’ Index (PMI) for December 2024 recorded growth in both manufacturing and services sectors
Sri Lanka President Draws Investments on Maiden China Visit
Sri Lankan President Anura Kumara Dissanayake attracted investments and support for debt sustainability from China on his first visit to Beijing since being elected in September.
China's new deal with Sri Lanka: Should it worry India?
Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI. Sinopec's refinery deal competes with India's strategic interests in Sri Lanka's energy market.
Sri Lanka balances China and India for growth
Chinese leader Xi Jinping said relations between China and Sri Lanka faced a "historical opportunity" to foster ties, in talks with the island nation's President Anura Kumara Dissanayake on Wednesday.
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‘Latifa is still not free’ – Boat used in Dubai princess’ botched escape sunk in Sri Lanka under ‘suspicious circumstances’
The vessel that was due to take Dubai’s Princess Latifa to safety before her abduction, has sunk in Sri Lanka under ...
Australia boosted by positive Steve Smith update ahead of Sri Lanka series, Champions Trophy
The Australian squad are preparing for a two-match Test series in Sri Lanka starting from January 29, which will be swiftly ...
Bowlers take centre stage as India and Sri Lanka start with massive wins
Hosts Malaysia were shot down for just 23 in their maiden Under-19 Women's T20 World Cup appearance by Sri Lanka, who ...
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Sri Lanka Economic Summit on Jan. 28-29 at Shangri La Colombo
Event set to focus on maximizing Tourism potential The Sri Lanka Economic Summit organised by The Ceylon Chamber of Commerce will host a session focused on “Maximising Tourism Potential,”, exploring ...
David Warner Backs This Star As Australia Captain For Tests vs Sri Lanka
Steve Smith was named as Australia's Test captain for the Sri Lanka tour after Pat Cummins was unavailable due to left ankle ...
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Isle of Man joins Japan and Sri Lanka on BBC's list of 25 best places to travel in 2025
The Isle of Man has made a BBC list of 25 places to travel for 2025 which promote sustainable travel. The island joins more ...
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Australia boosted by positive fitness update ahead of Sri Lanka series and Champions Trophy
Amidst a number of injury issues, Australia received a positive update on Monday, giving the squad a much-needed boost.
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Sri Lanka signs landmark $3.7 bn deal with Chinese state oil giant
Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, ...