Arab Today, arab today china offers sri lanka olive branch and warnings
Last Updated : GMT 15:32:39
Arab Today, arab today
Arab Today, arab today

China offers Sri Lanka olive branch and warnings

Arab Today, arab today

Arab Today, arab today China offers Sri Lanka olive branch and warnings

Chinese President Xi Jinping (R)
Beijing - AFP

Chinese President Xi Jinping worked to mend relations with Sri Lanka on Thursday as state-run media warned the island nation's new government against shutting off billions in investments from Beijing.
Sri Lankan President Maithripala Sirisena is on his first state visit to Beijing since taking office in January and is working to renegotiate more than $5.3 billion-worth of Chinese deals signed by his predecessor.
He has already suspended construction work on a major Chinese-funded "port city" commissioned by his predecessor Mahinda Rajapakse, who relied heavily on China to rebuild the country's infrastructure during his decade in power, raising concerns in India.
"We will continue to make efforts toward building the relationship towards a new era in the traditional friendship between China and Sri Lanka," Xi said during a meeting with Sirisena. "Mr President, you are an old friend of the Chinese people."
China wants to "deepen the mutually beneficial cooperation in all spheres, push forward genuinely helping each other in our strategic partnership", Xi added at the Great Hall of the People in Beijing.
Sirisena's comments were not translated to the audience.
Sri Lanka has complained that it is paying too much interest on the Chinese loans funding its infrastructure development.
The $1.4 billion "port city" land reclamation scheme in Colombo suspended by Sirisena was considered a security risk by neighbouring India.
China has said any disruptions to the project will spook foreign investors and an op-ed in the Global Times, a paper affiliated with the Communist Party mouthpiece People's Daily, reminded Sirisena that "Sri Lanka needs foreign investment more than ever".
"A consistent policy is crucial for attracting foreign investment," wrote Lan Jianxue. "Sri Lanka's strategic goals will be better guaranteed if Colombo can integrate them with China-backed projects."
Sirisena has also ordered a review of other Beijing-financed projects and loans amid allegations of corruption.
Sirisena made India -- rather than China -- his first foreign trip after winning elections in January, seeking to rebuild ties with Delhi.
India was reportedly furious after Chinese submarines were allowed to dock in Colombo last year when Rajapakse was still in power.
Beijing has been accused of seeking to develop facilities around the Indian Ocean in a "string of pearls" strategy to counter the rise of rival India and secure its own economic interests.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china offers sri lanka olive branch and warnings Arab Today, arab today china offers sri lanka olive branch and warnings

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china offers sri lanka olive branch and warnings Arab Today, arab today china offers sri lanka olive branch and warnings

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israeli court convicts Palestinians of 2016

GMT 04:39 2017 Tuesday ,17 October

Israeli court convicts Palestinians of 2016
Arab Today, arab today Iran's Facebook shuts down

GMT 23:50 2017 Monday ,16 October

Iran's Facebook shuts down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Anoshka happy for reactions to her talk show

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:55 2017 Thursday ,12 October

Safaa Sultan happy for “Love School”

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:25 2017 Saturday ,14 October

Squeeze on UK health gives advanced

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday