China, Sri Lanka

Sri Lanka and China renew $1.4 billion currency swap for 3 years
The Central Bank of Sri Lanka (CBSL) and the People’s Bank of China (PBoC) have renewed the Bilateral Currency Swap Agreement signed in 2021, for a period of another three years, under the terms and c
China ready to bring in US $ 10 billion to Sri Lanka
Sri Lanka stands the chance of attracting investments from Chinese companies amounting to around US $ 10 billion as a result of President Anura Kumara Dissanayake’s state visit, Daily Mirror learns. .
China, Sri Lanka agree more investment and economic cooperation
China and Sri Lanka agreed on more investment and economic cooperation on Wednesday as China's President Xi Jinping met recently-elected Sri Lankan President Anura Kumara Dissanayake in Beijing.
China's new deal with Sri Lanka: Should it worry India?
Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI. Sinopec's refinery deal competes with India's strategic interests in Sri Lanka's energy market.
Sri Lanka, Sinopec sign agreement for USD 3.7 bln investment in oil refinery
Sri Lanka’s Ministry of Power and Energy and China’s Sinopec Corporation have signed an agreement to build an oil refinery in Hambantota with an investment of USD 3
China will continue to help Sri Lanka achieve financial relief
China will continue to play a "positive role" in the International Monetary Fund and maintain friendly communication with other creditors, in assisting Sri Lanka to achieve financial relief and debt sustainability,
China offers to invest $3.7 billion in oil refinery in Sri Lanka as Dissanayake pitches for more Chinese investments
Dissanayake incidentally was a critic of the Hambantota port deal for its long-term lease while he was in the opposition.It was seen as a balancing act as last year India and Sri Lanka inked a deal to jointly develop 85 Word War II-era oil storage tanks at the strategic Trincomalee port in the eastern region of the country.
China places Sri Lanka on top of its neighbourhood diplomacy: Xi tells Dissanayake
China places Sri Lanka on top of its neighbourhood diplomacy and supports it in safeguarding its sovereignty, President Xi Jinping told his Sri Lankan counterpart Anura Kumara Dissanayake during their
Sri Lankan President Dissanayake arrives in Beijing on four-day visit to China
BEIJING/COLOMBO: Sri Lankan President Anura Kumara Dissanayake arrived here on Tuesday on a four-day visit during which he is scheduled to hold talks with his Chinese counterpart Xi Jinping and other Chinese leaders on deepening bilateral ties.
The leader of Sri Lanka navigates the China-India rivalry on a visit to Beijing
Sri Lanka’s Marxist-leaning President Anura Kumara Dissanayake has held talks with Chinese leader Xi Jinping, one month after ...
Hindustan Times on MSN1h
Sri Lanka's Dangerous 'Deal' with China: Is Another Debt Trap Ready to Explode? What Could Go Wrong
In a significant boost to economic ties, Sri Lanka has secured a landmark $3.7 billion foreign direct investment from China's Sinopec, marking a pivotal moment in the island nation's recovery efforts.
China-Sri Lanka partnership to carry on spirit of Rubber-Rice Pact
The visit is the first one to China by President Dissanayake since his taking office, and is of great significance to the ...
The Daily Mirror2d
Sri Lanka’s China dilemma: Strategic partnerships and the risk of overdependence
Sri Lankan President Anura Kumara Dissanayake is on a four-day visit to China from 14 to 17 January 2025. During his visit, ...
Ada Derana1d
China to support capacity building in Sri Lanka’s judicial, law enforcement and security
Sri Lanka and China have reached extensive common understandings on deepening traditional friendship and advancing ...