![]() | Airport without planes, debt-laden seaport: China-backed projects testament to Sri Lanka's mismanagementThe centrepiece of the infrastructure drive was a deep seaport on the world's busiest east-west shipping lane, which was meant to spur industrial activity. Instead, it has haemorrhaged money. |
![]() | Sri Lanka needs to save its economy from China's debt-trap policy: Global Strat ViewIn an analytical piece, Global Strat View on Sunday said Sri Lanka's financial crisis is leading to a humanitarian crisis that could ultimately push the country into bankruptcy. |
![]() | Sri Lanka minister criticised for opposing Hambantota port project with ChinaSri Lanka's Justice Minister Wijeyadasa Rajapakshe is facing the wrath of the Cabinet members after he opposed a recently signed deal with China on the strategic Hambantota port. |
![]() | Sri Lanka, China sign USD 1.1 billion Hambantota port dealThe deal had been delayed by several months over concerns that the deep-sea port could be used by the Chinese navy. |
![]() | Sri Lanka to sign Hambantota port deal with Chinese firm tomorrow: PM Ranil WickremesingheSri Lanka's Cabinet on July 25 approved the sale to a Chinese firm of a 70 per cent stake in the Hambantota port, tweaking the deal after the initial agreement sparked protests. |
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