China invites India to join Sri Lanka offshore city project on October 17, 2016In what could signal a new phase in Sino-Indian economic relations, China has invited India to help in developing Sri Lanka, including taking part in the multibillion dollar Colombo International Financial City funded by Beijing. Addressing a forum in Colombo, Chinese Ambassador in Sri Lanka, Yi Xianliang said the project was open for collaboration with […]
Wang Yi’s visit boosts China-Sri Lanka ties, sparks concern in India on July 24, 2016 China, Sri Lanka’s biggest donor of foreign aid this year, has assured its ‘fullest cooperation’ to develop the South Asian island nation amidst increasing concern by India. During a recent meeting with Sri Lankan President Maithripala Sirisena, China’s Foreign Minister Wang Yi pledged his government’s continued assistance to help develop the country. Yi, who […]