China's new deal with Sri Lanka

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'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.
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 has much to learn from China’s experience in poverty alleviation – President
Sri Lanka and China are ushering in a new chapter in bilateral relations,” Sri Lankan President Anura Kumara Dissanayake has said in an interview with Xinhua
China, Sri Lanka agree more investment and economic cooperation
China and Sri Lanka agreed on more investment and economic cooperation on Wednesday as China's President Xi Jinping met recently-elected Sri Lankan President Anura Kumara Dissanayake in Beijing.
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.
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.
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 Daily Mirror4d
Sri Lanka’s China dilemma: Strategic partnerships and the risk of overdependence
Sri Lankan President Anura Kumara Dissanayake is on a four-day visit to China from 14 to 17 January 2025. During his visit, ...
China-Sri Lanka partnership to carry on spirit of Rubber-Rice Pact
The visit is the first one to China by President Dissanayake since his taking office, and is of great significance to the ...
Newsday5d
Sri Lanka seeks to navigate China-India rivalry and emerge from its economic crisis
China was once seen as having the upper hand in Sri Lanka through its huge loans and infrastructure investments. While China remains the country's largest bilateral lender, Sri Lanka's ...
Hosted on MSN2d
China Inks $3.7 Billion Oil Deal With Sri Lanka | Becomes Biggest Bilateral Lender | China Debt Trap
Sri Lanka and China have taken yet another major step towards economic cooperation. In a landmark deal, Sri Lanka has secured ...
BRI helps shore up Sri Lanka’s economic resilience, development prospects
Sri Lanka's President Anura Kumara Dissanayake concluded a four-day state visit to China on Friday. The visit shows that the ...
Press Trust of India on MSN3d
China offers to invest USD 3.7 bn in oil refinery in Sri Lanka as Dissanayake pitches for more Chinese investments
China has offered to invest USD 3.7 billion in Sri Lanka, stated to be the biggest-ever foreign investment in the island ...
FT13h
Surviving a crumbling economic order
It was more than half a century ago in 1972, when the Cold War was in full swing, when economists were getting obsessed with ...
The Daily Mirror16hOpinion
The President eats his words, but with aplomb - EDITORIAL
Whether one reads the newspaper, switches on the radio or watches social media, one topic dominates. They all have one ...