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XI Hails ‘Historical Opportunity’ for China-Sri Lanka Ties in Talks With President

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-Sri Lanka relations face a historical opportunity to build on the ...

Gautam Adani Pulls Out of Sri Lanka Port Deal Meant to Counter China

The controversial Indian billionaire Gautam Adani has withdrawn from a loan deal with a U.S. government agency for a port terminal in Sri Lanka, aimed at expanding operations at the country’s Colombo port while countering Chinese influence in the region. Adani was ...

Xi Says Wants to Deepen BRI Cooperation With Sri Lanka Under New Leader

Chinese President Xi Jinping on Monday said he hoped to broaden cooperation with Sri Lanka under his Belt and Road Infrastructure Initiative (BRI) as he congratulated the island nation's new leader, Anura Kumara Dissanayaka. Dissanayaka, a self-avowed Marxist, took his oath ...

Cash-Strapped Sri Lanka Eyes China Development

By Amal Yayasinghe Sri Lanka's economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but candidates in Saturday's presidential election are banking on at least one of them to buck the trend. The strategically ...