Chinese President Xi Jinping met with Sri Lankan President Anura Kumara Dissanayake in Beijing, emphasizing the potential for strengthened relations between the two countries. Xi pledged China's active support for Sri Lanka's economic development and high-quality cooperation under the Belt and Road Initiative. The meeting comes amid discussions about China's investments in Sri Lanka, including the 99-year lease of the Hambantota port.
Chinese President Xi Jinping shakes hands with Sri Lankan President Anura Kumara Dissanayake during a signing ceremony at the Great Hall of the People in Beijing on Jan 15, 2025. BEIJING: Chinese leader Xi Jinping said relations between China and Sri Lanka faced a"historical opportunity" to foster ties, in talks with the island nation's President Anura Kumara Dissanayake on Wednesday .
But Sri Lanka defaulted on its foreign borrowings in 2022 during a crisis that caused months of food, fuel and medicine shortages., Sri Lanka handed its Hambantota port in the south of the island to a Beijing company on a 99-year lease for US$1.12 billion, raising questions about Chinese investments in the country.
CHINA SRI LANKA XI JINPING BELT AND ROAD INITIATIVE ECONOMIC DEVELOPMENT
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