Sri Lanka’s President Anura Kumara Dissanayake is greeted by China’s Deputy Foreign Minister Chen Xiaodong upon his arrival ...

China will continue to play a "positive role" in the International Monetary Fund and maintain friendly communication with ...

Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI.

Sri Lanka was the original poster child for the myth of the Chinese debt-trap, which has now been thoroughly debunked by both local and foreign experts. The truth is that the cause for Sri Lanka’s ...

In the first elections held since the collapse of the Sri Lankan economy in 2022 and its default on external debt, AKD secured ... Mike Pompeo visited Sri Lanka for a 12-hour trip, during which he ...

Its total debt stock stood at USD 92 billion, with 40% being external debt in 2023. Sri Lanka’s debt portfolio is complex and its outstanding debt to China and India accounted for 18% of total ...

China accounted for more than half of Sri Lanka's $14 billion debt borrowed from other governments at the time the island defaulted on its sovereign debt in 2022 when Colombo ran out of foreign ...

China has offered to invest USD 3.7 billion in Sri Lanka, stated to be the biggest-ever foreign investment in the island ...

Sri Lanka’s debt portfolio is complex and its outstanding debt to China and India accounted for 18 percent of total external debt (59 percent of bilateral loans) in September 2022 (Figure 1).

Dissanayake came to power in September and consolidated his power after his party won a landslide in snap parliamentary polls ...

The visit by President Aruna Kumara Dissanayake to New Delhi is seen as a move by Colombo to seek India’s support for debt-laden Sri Lanka. What China is doing to make ports ‘smart’ and not ...