China

Analysts attributed the surge in trade to the complementary aspects of the industrial chains of the two countries

Ceylon’s pleas to the US for US$ 50 million in aid and reasonable prices for its exports and imports were turned down regardless of the severe shortage of rice.

Both sides agree on efforts to maintain stability

Earlier, India had been denied the contract saying construction will be done by the Sri Lanka Ports Authority

A part of interest-free loans may be the first to be rescheduled while arrangements for other loans will have to be negotiated

Sri Lanka is the poster child for China’s so-called “debt trap diplomacy”, so asking Beijing for easier repayment terms looks logical amid a worsening financial crisis.

It was inaugurated on January 9, in the presence of the Chinese Foreign Minister Wang Yi, Sri Lankan President Mahinda Rajapaksa and Prime Minister Mahinda Rajapaksa

Urges trade-liked investment and industrialization in place of borrowing and debt restructuring

The Chinese Embassy in Colombo says that four government aid agreements were signed during the visit of the Chinese State Councilor and Foreign Minister Wang Yi, to support the Sri Lankan people.  

Wants Lanka to play key role in organizing a “Forum on Indian Ocean Islands’ Development”