• Dragon's New Lair: How China's Expansionism is Taking Root ...

     · Mahinda Rajapaksa's frequent loan requests raised Sri Lanka's government debt to around 45 billion in 2015, the year he lost the election. He was always seen as a person more than willing to accept the terms and conditions put by China. The result: much of Sri Lanka's recent loans are from China, based on Beijing's terms.

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     · China's expansive Belt and Road Initiative (BRI) has led to greater Chinese outbound investment in Asia, including in Sri Lanka. This investment has recently come under scrutiny, due to intensifying geopolitical rivalries in the Indian Ocean as well as Sri Lanka's prime loion and ports in the region.; There are claims that by accepting Chinese outbound investment, Sri Lanka risks being ...

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  • China in Sri Lanka: The Colombo Port Conundrum

     · Sri Lanka has reiterated often that it does not want to be caught in the great power politics in the region. But more often than not, it would appear to be much more sympathetic to China's ...

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  • As Sri Lanka braces for a perfect economic storm, has ...

     · China's Sri Lanka links got a boost with the end of the civil war in 2009, when Sri Lanka was under fire from the West for alleged human rights abuses against the ethnic Tamil minority.

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  • How China shackled Sri Lanka

     · On its China policy, the US stands firm with its bipartisan consensus. This would raise concerns in nations like Sri Lanka, which has a large Chinese infrastructure portfolio constantly growing in ...

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  • How China got Sri Lanka to give up a port | The Star

     · The first major loan it took on the project came from the Chinese government's ExportImport Bank, or Exim, for 307 million. But to obtain the loan, Sri .

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  • India counters China in Sri Lanka with 700 million port deal

     · Since then, Sri Lanka has refused permission for more Chinese submarines to be stationed there. Story continues In December 2017, unable to repay a huge Chinese loan, Sri Lanka allowed China Merchants Port Holdings to take over the southern Hambantota port, which straddles the world's busiest eastwest shipping route.

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