China involved in almost 40% of Sri Lankan construction projects

Chinese firms are involved in almost 40% of construction projects in Sri Lanka, the Ceylon Institute of Builders (CIoB) said today. President of the Ceylon Institute of...

China pays final tranche in first investment for Hambantota Port

The final tranche of the investment value for the Hambantota Port concession was released by China Merchant Port Holdings Limited (CM Port) today. The cheque  to...

Sri Lanka negotiating “comprehensive” FTA with China

Sri Lanka says it is negotiating comprehensive Free Trade Agreements (FTA) with China and India, Asia Pacific Daily reported. Finance Minister Mangala Samaraweera noted that...

China insists it has lent “sincere support” to Sri Lanka

China insists its has lent "sincere support" to Sri Lanka and provides assistance to the best of its ability to help Sri Lanka close...

Chinese military delegation holds talks with Army chief

A Chinese military delegation held talks with Army Commander Lieutenant General Mahesh Senanayake at the Army Headquarters, the Army media unit said in a statement...

China’s free trade talks with Sri Lanka hit major hurdles

Talks between China and Sri Lanka for a free trade agreement have hit major hurdles, mainly because Beijing will not agree to Colombo’s demand...

Over 6000 Chinese employed in Sri Lanka on projects

Over 6000 Chinese are employed in Sri Lanka on various projects, the Chinese Embassy in Colombo said. Yang Zuoyuan, the Economic and Commercial Counselor at...

China denies claims it uses “debtbook diplomacy” with Sri Lanka

China has denied claims it uses "debtbook diplomacy" with Sri Lanka and insisted that all agreements are based on a mutual understanding. Speaking to the...

Sri Lanka defends trade deals with Singapore, China and India

Sri Lanka today defended the Free Trade Agreement (FTA) with Singapore and the proposed deals with China and India, Asia Pacific Daily (APD) news...

Sri Lanka says FTA talks with China progressing smoothly

Sri Lanka on Friday said that talks on a Free Trade Agreement with China (FTA) were progressing smoothly. Sri Lanka’s Minister of Industry and Commerce...

US report accuses China of using “debtbook diplomacy” with Sri Lanka

The Chinese Government is leveraging billions of dollars in debts to gain political leverage with developing countries across Asia and the Pacific including Sri...

Sri Lanka tells China unfounded claims made on some projects

Sri Lanka has told China that unfounded claims are being made on some of the projects funded by China in Sri Lanka, with ulterior...

China warns Sri Lanka over attempts to sour relationship

China has warned Sri Lanka over attempts to sour the relationship between both countries. The Chinese Ambassador to Sri Lanka, Cheng Xueyuan said that there...

China rejects speculation on Hambantota port project

China has rejected as pure speculation some claims made with regards to the Hambantota port project. The Chinese Foreign Ministry said that the Hambantota port...

Sri Lanka says opening of Bank of China in Colombo a key step

Sri Lanka says the opening of Bank of China will be important for investments and also Sri Lanka's economy. Prime Minister Ranil Wickremesinghe, speaking at...

China assures no hidden conditions to its assistance to Sri Lanka

China today assured there are no hidden conditions attached to its assistance offered to Sri Lanka. The Chinese Ambassador to Sri Lanka Cheng Xueyuan had given...

Sri Lanka’s Premier wants India and Japan cash to balance China

Prime Minister Ranil Wickremesinghe said Sri Lanka is seeking foreign investment from India, Japan and others amid criticism over his country’s reliance on Chinese...

Sri Lanka resolves to further deepen relations with China

Sri Lanka has resolved to further deepen relations with China, the Chinese Embassy in Colombo said today. President Maithripala Sirisena, in a message to Chinese...

Sri Lanka assures China will tackle issues related to project deals

Sri Lanka has assured China it will tackle issues related to project deals between both countries. The Chinese Ambassador to Sri Lanka Cheng Xueyuan held...

Sri Lanka assures China it will actively participate in “Belt and Road”

Sri Lanka has assured China that it will actively participate in the Belt and Road Initiative (BRI), the Chinese Embassy in Colombo said today. The...