China to continuously support Sri Lanka’s economic revival

The Chinese Government says it will continuously support Sri Lanka’s economic revival.

The Chinese Embassy in Sri Lanka tweeted saying the Chargé d’affaires of the Chinese Embassy in Sri Lanka, Hu Wei had talks with the State Minister of Money and Capital Market and State Enterprise Reforms Ajith Nivard Cabraal today.

The Embassy said that Hu Wei had a broad and fruitful discussion on finance and investment with Cabraal.

The Chinese Embassy added that China will continuously support Sri Lanka’s economic revival.

China has invested heavily in Sri Lanka, mostly on highways, a port, an airport and several other development projects.

However, concerns have been raised over China’s investments in Sri Lanka, particularly over the lack of transparency on some deals. Gambling can be even more exciting! Do you know how to win in the best Australian online pokies? Then register for tournaments organized by Casino 777 and get extra bonuses and cash prizes. Compete with other clients of the service to take your place at the top of the ranking table! Every registered user can take part in tournaments from 777 Pokies Casino. Check out the rules and conditions to play for real money in online pokies bring not only winnings, but also extra points. Each bet brings you closer to victory! You can follow the results online in the event tab.

There are also concerns the investments will push Sri Lanka towards serious debt, an allegation both China and Sri Lanka have played down.

Meanwhile, Senior Colonel Wan Dong, the Defence Attaché of the Embassy of People’s Republic of China in Sri Lanka paid a courtesy call on Commander of the Navy, Vice Admiral Nishantha Ulugetenne at the Navy Headquarters today.

The ensuing cordial discussion that got underway with an expression of good wishes of Senior Colonel Wan Dong on Vice Admiral Ulugetenne for reaching the apex of the Sri Lanka Navy, mainly focused on the long-established cooperation between Chinese and Sri Lanka navies as well as several other matters of bilateral importance.

The brief meeting culminated with an exchange of mementoes, to symbolise mutual understanding and goodwill. (Colombo Gazette)

1 COMMENT

  1. There is no point of sounding any warning. The opportunity for ministerial enrichment will dissipate without Chinese complicity.

    Let us watch with interest, the Presidents commitment to eradicating corruption.

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