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China \'Silk Road\' project in Sri Lanka delayed as Beijing toughens stance
China \'Silk Road\' project in Sri Lanka delayed as Beijing toughens stance
China 'Silk Road' project in Sri Lanka delayed as Beijing toughens stance

China will delay a planned $1.1 billion investment in a port on its modern-day "Silk Road" until Sri Lanka clears legal and political obstacles to a related project, sources familiar with the talks said, piling more pressure on the island nation. Heavily indebted Sri Lanka needs the money, but payment for China's interests in Hambantota port could be held up by…

Reuters - Feb 16 15:29 GMT - more ... [ Tags: Politics, Economy, China ]

China Tells India To Stay Off Its Indian Ocean \'Colony,\' Sri Lanka
China Tells India To Stay Off Its Indian Ocean \'Colony,\' Sri Lanka
China Tells India To Stay Off Its Indian Ocean 'Colony,' Sri Lanka

After claiming South China Sea to be its own sea, telling America to stay off its islands, China is reaching for the Indian Ocean, telling India to stay off its own colony, Sri Lanka. That’s something investors in Southeast Asian markets should keep a wary eye on, as it opens yet another front between the two Asian giants, raising the geopolitical risk of…

Forbes - Feb 12 21:03 GMT - more ... [ Tags: Politics, India, China ]

Gary Anandasangaree
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