Sri Lankan President to Meet With Xi During First Visit to China

File image of Sri Lankan president Anura Kumara Dissanayake. Ishara S. KODIKARA / AFP

Sri Lankan President Anura Kumara Dissanayake will kick off a four-day visit to China on Tuesday, his first there since coming to power last November. Dissanayake is scheduled to meet with his Chinese counterpart Xi Jinping and will likely hold talks with officials from the China Exim Bank, among other development finance agencies.

Sri Lanka is emerging from a multi-year debt restructuring crisis that involved re-profiling a majority of the $4.66 billion of loans owed to Chinese creditors. Even though China participated in the Sri Lankan creditor committee, it did so only as an observer which many felt was odd given that it was one of the South Asian country’s largest lenders.

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by Eric Olander

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