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Sri Lanka Premier Wants India and Japan Cash to Balance China
Sri Lanka Premier Wants India and Japan Cash to Balance China

Prime Minister Ranil Wickremesinghe said Sri Lanka is seeking foreign investment from India, Japan and others amid criticism over his country’s reliance on Chinese loans for infrastructure projects. In an interview in Colombo, Wickremesinghe defended a deal last year that gave a joint venture led by state-owned China Merchants Port Holdings Co Ltd. a 99-year…

Bloomberg - Mar 27 13:59 GMT - more ... [ Tags: Politics, Japan, China ]

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  - Trade War Talk Likely Worse Than Reality: Sri Lankan Official - Bloomberg
‘The biggest game changer in 100 years’: Chinese money gushes into Sri Lanka
‘The biggest game changer in 100 years’: Chinese money gushes into Sri Lanka

“China’s penetration of south Asia is the biggest game changer in 100 years,” says Constantino Xavier, a fellow at the thinktank Carnegie India. “The Russians tried, the Americans tried. This is the first time since at least world war two you have a massive power contesting the Indian state.” Chinese money has gushed into south Asia and especially…

Guardian - Mar 26 14:18 GMT - more ... [ Tags: India, SriLanka, China ]

Gary Anandasangaree
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