China’s Belt and Road Initiative - which funded Sri Lanka’s Hambantota Port through loans resulting in a 99-year lease to Chinese State-owned enterprise in 2017 due to Colombo’s struggle to service said loans - follows the same expansionary script.
If one location matters most to India in Sri Lanka, it is Trincomalee. With one of the finest natural harbours in the world, Trincomalee has immense commercial, naval, and energy value. For decades, strategists in New Delhi have viewed it as critical to the security architecture of the Bay of Bengal.
It also demonstrated that the EU increasingly sees India as a strategic alternative to excessive dependence on China and India increasingly sees the EU as an important technology and investment partner amid a more fragmented global trading system.
India's energy profile has changed significantly over the past decade. Crude imports from Russia, increased purchases from the United States, Brazil, Angola and other suppliers, together with expanding strategic petroleum reserves, have reduced dependence on any single source. India's energy vulnerability has not disappeared, but it has become more diversified.
Three days after US Secretary of State Mike Pompeo revealed that China has deployed 60,000 soldiers along the Line of Actual Control (LAC) against India, Beijing said that it does not recognise Ladakhs Union Territory (UT) status granted by New Delhi
Upon request from Sri Lanka, China has assured that the Indian Ocean island nation would be among first destinations for Chinese tourists when travels resume after COVID-19 pandemic
Ambassador of China to Maldives Zhang Lizhong, on Monday, responded to the recent allegations raised by Minister of Economic Development Fayyaz Ismail regarding the free trade agreement signed with China during the presidency of Abdulla Yameen Abdul Gayoom
Discussions are underway with China to obtain a loan facility of USD 700 million, state minister of money Ajith Nivard Cabraal has said
Bangladesh wants Myanmar leader Aung San Suu Kyi to be present at a tripartite meeting in Beijing, as proposed by China to discuss Rohingya repatriation issues
The Free Trade Agreement established between Maldives and China during the administration of former president Abdulla Yameen Abdul Gayyoom will hinder trade relations with other countries, Maldives’ Economic Minister has stated
A team led by Nepali Congress lawmaker of Karnali Province Jeevan Bahadur Shahi that returned from an 11-day visit to Nepal-China border in Humla district has accused China of encroaching Nepal’s territory in the district
China announced Sunday that it was providing a 600 million RMB Yuan ($89.6 million) grant assistance to Sri Lanka for the well-being of Sri Lankan people
Several countries like Sri Lanka, Zambia, Djibouti, Laos, Maldives, Republic of Congo, Tonga, Pakistan and Kyrgyzstan, among others, where China has invested through its much-hyped Belt and Road Initiative (BRI) have run into serious financial threat and debt trap, contrary to the expectation that the infrastructure exercise would help in their economic growth
The Orange Line Metro Train project in Lahore under the China-Pakistan Economic Corridor (CPEC), has been completed and was delivered to the Pakistani side, it was announced
A seven-member high-level Chinese delegation led by former Chinese Foreign Minister and current member of the Communist Party Political Bureau Yang Jiechi called on Prime Minister Mahinda Rajapaksa at Temple Trees Friday (Oct 09)
The head of the high-level delegation from the People’s Republic of China, who is currently visiting Sri Lanka has assured that China will continue to assist Sri Lanka for the success of the country’s development drive
The Madras High Court has observed that dependence on China for Active Pharmaceutical Ingredients (API) handicaps India in responding to security and other breaches by the Communist country
The second meeting of foreign ministers of the Indo-Pacific Quad comprising India, Japan, Australia and the United States has rattled China, which appears to be groping for a suitable response
A high-powered Chinese delegation led by former Chinese Foreign Minister and the current Communist Party Political Bureau Member Yang Jiechi had conveyed to President Gotabaya Rajapaksa, fostering and further developing the relations between Sri Lanka and China is Chinese President Xi Jinping’s priority
