Sri Lanka's foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state energy giant Sinopec to fast-track a proposed $3.7 billion oil refinery in ...

China seems to be gearing up to further ensnare Sri Lanka in its debt trap. This became evident when Sri Lankan President ...

India was pushing back in other ways too, granting neighbours relief from covid-19 and from debt problems linked to Chinese ...

And when the port opened in late 2010 and immediately began losing money — so much that Sri Lanka couldn't even make interest payments on those loans — China offered a solution: foreclosure.

For the Adani Group, there is one major good news from abroad, after the string of bad news beginning with the 2023 ...

Sri Lanka's China-backed Hambantota International Port, says it is ready to facilitate vehicle imports which have been ...

Studying China's development path is essential for Sri Lanka, President Anura Dissanayake has said in a Chinese media ...

The government faces two formidable challenges: balancing Sri Lanka’s relations with China and India and balancing the budget ...

Sri Lanka, an island that has stood as a strategic maritime crossroad for millennia, now finds itself at the cusp of a once-in-a-lifetime opportunity, the chance to once again redefine its role in ...

adding that Colombo expects the refinery to assist the Chinese-built Hambantota Port to function as a hub via bunkering services. Last week, China and Sri Lanka signed 15 cooperation documents ...