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India-China Rivalry Spills Over in Sri Lankan Airport
India-China Rivalry Spills Over in Sri Lankan Airport
India-China Rivalry Spills Over in Sri Lankan Airport

Sri Lanka had been scouting for alternate investors for the Chinese-built airport, which began operations in 2013.The airport can handle a million passengers but has not been able to use even 5 percent of its passenger handling capacity. The cargo service has also been extremely under-utilized, with just 69 metric tons moved in 2016 despite an annual capacity of…

Sputnik News - Oct 18 12:46 GMT - more ... [ Tags: India, World, China ]

India takes on China at another battlefront: A Sri Lankan airport
India takes on China at another battlefront: A Sri Lankan airport
India takes on China at another battlefront: A Sri Lankan airport

The Doklam conflict between India and China amply highlighted the fight between the two countries for supremacy in South Asia. India is strongly asserting against China which is trying to build strategic assets in the garb of infrastructure projects all around India. It is the continuation of the old Chinese 'String of Pearls' policy that aims at ring-fencing India.…

Economic Times - Oct 16 14:10 GMT - more ... [ Tags: India, Economy, China ]

Gary Anandasangaree
  • China's lucrative embrace of Sri Lanka stirs unease

    China\'s lucrative embrace of Sri Lanka stirs unease

    Some 600 years ago, the great Chinese explorer Zheng He and his vast armada frequented Sri Lanka, including landing once to kidnap an uncooperative king. It was all part of the admiral's decades-long exploration of South and South-east Asia, even to the east coast of Africa - before China would mysteriously turn inwards again. Now, China is reasserting itself…

    The Straits Times - Oct 16 14:02 GMT - more ...
    [ Tags: World, Economy, China ]

  • Making sense of Belt and Road – The white elephant: Mattala Rajapaksa International Airport, Sri Lanka

    Making sense of Belt and Road – The white elephant: Mattala Rajapaksa International Airport, Sri Lanka

    With infrastructure ambitions on this scale, it is inevitable that some of the capital will be misspent. As McKinsey Asia-Pacific chairman Kevin Sneader observed in a recent podcast: “There is a real risk that this becomes a source of funding that gets mis-deployed and doesn’t end up contributing to greater trade or greater economic collaboration, but just gets…

    Euro Money - Sep 26 18:18 GMT - more ...
    [ Tags: SriLanka, Economy, China ]

  • RDA heads for collision on expressways

    Road Development Authority (RDA) engineers have attacked Government plans to give management of existing and future expressways to an international company, saying this RDA division generated income and did not warrant privatisation. The proposal—aimed at raising an advance payment that could then be used to complete three other expressways—was only revealed…

    Sunday Times - Sep 04 11:00 GMT - more ...
    [ Tags: Colombo, History, China ]

  • A scary glimpse into how China's OBOR can ruin small countries

    A scary glimpse into how China\'s OBOR can ruin small countries

    Four years ago, Sri Lanka built Mattala Rajapaksa International Airport (MRIA) in Hambantota, 250 km south from Colombo, with Chinese assistance of $190 million, more than 90 per cent of the total cost. Today, MRIA is running into losses and Sri Lanka is unable to pay back dues to China’s EXIM Bank. Ironically, Sri Lanka has now decided to hand over the airport…

    ET - Aug 23 11:10 GMT - more ...
    [ Tags: History, SriLanka, China ]

  • Sri Lanka's Debt and China’s Money

    Sri Lanka\'s Debt and China’s Money

    The former Sri Lankan regime led by then-President Mahinda Rajapaksa is in part responsible for China’s growing ownership of Sri Lankan debt. Rajapaksa was not a popular leader amongst Western countries, but was a close ally of China, and was not hesitant to borrow from Beijing and invest in infrastructure projects. As the saying goes, “When money comes your way,…

    Diplomat - Aug 16 17:13 GMT - more ...
    [ Tags: India, SriLanka, China ]

  • China Opens First Overseas Military Base

    Only a few miles down the road from the U.S. base at Camp Lemmonier, China has just announced the opening of its first overseas military base in the tiny nation of Djibouti on the Bab al-Mandeb straits at the southern end of the Red Sea. China secured rights to the base, which can house up to 10,000 troops, through at least 2026 by granting loans to Djiboutian…

    American Interest - Aug 03 16:23 GMT - more ...
    [ Tags: India, USA, China ]

  • China, India keen on wooing Sri Lanka

    China, India keen on wooing Sri Lanka

    As Sri Lanka handed over majority stake in the Hambantota port to a Chinese firm for 99 years in a ‘debt-equity’ swap of $1.1 billion, India hopes that the security assurances inserted in the concession agreement hold fast in the future. However, fears remain about the precedent set by this ‘distress sale’ for other Chinese projects in the neighbourhood. For…

    FPJ - Aug 03 16:17 GMT - more ...
    [ Tags: India, SriLanka, China ]

  • US Senior Defense Official and Defence Attache Visits Jaffna Commander

    US Senior Defense Official and Defence Attache Visits Jaffna Commander

    Lieutenant Colonel Douglas Hess, the incoming Senior Defense Official and Defense Attache to the US High Commission in Colombo had an official call on with the Commander Security Forces (Jaffna) on 31 July 2017. Commander SF (J) extended a warm welcome to Lieutenant Colonel Douglas Hess and briefed the present situation of Jaffna Peninsula. His visit to the HQ SF…

    CMC Jaffna - Aug 03 16:03 GMT - more ...
    [ Tags: SLMilitary, USA, China ]

  • What is behind China's purchase of a port in Sri Lanka?

    What is behind China\'s purchase of a port in Sri Lanka?

    The long-delayed $1.1bn sale of a 70 percent stake in Sri Lanka's Hambantota port, which straddles the world's busiest east-west shipping route, has been signed off in Colombo. It will help Sri Lanka get on top of mounting debts and adds another important link in China's "New Silk Road". But many in Sri Lanka see it as a sellout, and India is worried about China…

    Al Jazeera - Jul 30 16:29 GMT - more ...
    [ Tags: India, Economy, China ]

  • ‘Geo-politics’ addressed in strategic China deal says Ports and Shipping Minister

    ‘Geo-politics’ addressed in strategic China deal says Ports and Shipping Minister

    Sri Lanka on Saturday sealed a billion-dollar deal to let a Chinese state firm take over a loss-making port in a move that worries many, including its giant neighbour India."We have addressed geo-political concerns," the minister said at a signing ceremony in Colombo. "China has accepted that everything in this agreement will operate under Sri Lankan law." …

    Island - Jul 30 11:52 GMT - more ...
    [ Tags: Politics, India, China ]

    Related:
      - India’s position as China takes Hambantota port - Island
  • Sri Lankan FM lauds Belt and Road Initiative, welcomes Chinese investment

     Sri Lankan FM lauds Belt and Road Initiative, welcomes Chinese investment

    Sri Lankan Foreign Minister Ravi Karunanayake has spoken highly of the China-proposed Belt and Road Initiative, expressing the hope that the government would like to see more Chinese investments."We appreciate the investments that are coming in from China, but we would like to see much more," he said. While reiterating that Sri Lanka would soon be transformed into a…

    Xinhua Net - Jul 28 15:09 GMT - more ...
    [ Tags: SriLanka, China, WarCrimes ]

  • Sri Lanka's cabinet 'clears port deal' with China firm after security concerns addressed

    Sri Lanka\'s cabinet \'clears port deal\' with China firm after security concerns addressed

    Sri Lanka's cabinet cleared a revised agreement for its Chinese-built southern port of Hambantota on Tuesday, the government said, after terms of the first pact sparked widespread public anger in the island nation. The port, close to the world's busiest shipping lanes, has been mired in controversy ever since state-run China Merchants Port Holdings , which built it…

    Reuters - Jul 25 11:25 GMT - more ...
    [ Tags: World, SriLanka, China ]

  • Sri Lanka defends China’sBelt and Road project

    Sri Lanka defends China’sBelt and Road project

    Chinese investment in Sri Lanka is reviving a “3,000-5,000-year-old shipping route”, said visiting Sri Lankan Foreign Minister Ravi Karunanayake, defending his government’s decision to join the Belt and Road Initiative. “The fact is that regional trade needs to move forward. If one country is doing a project, that is not against another country,” Mr.…

    Hindu - Jun 09 18:18 GMT - more ...
    [ Tags: India, SriLanka, China ]

  • India and China’s Tug of War Over Sri Lanka

    India and China’s Tug of War Over Sri Lanka

    For India, Trincomalee and other planned investments – which include power plants, railway line upgrades, and the creation of special economic zones – have a strong strategic value. New Delhi appears to be determined to check China’s geopolitical ambitions in South Asia. Developing a bigger economic footprint in Sri Lanka is central to this aim. Colombo clearly…

    Diplomat - May 25 17:10 GMT - more ...
    [ Tags: India, China, WarCrimes ]

    Related:
      - India rightly recalibrates Sri Lanka policy - Gulf News
  • Setback in Sri Lanka for China’s silk road

    Setback in Sri Lanka for China’s silk road

    China’s ambitious Belt and Road Initiative (BRI) sets the bar high. It strives to connect Asia, Africa and Europe with the aim of achieving mutual development. Sri Lanka, with its valuable geographic position in the heart of the Indian Ocean, is a crucial participant in Beijing’s newest endeavor.But China–Sri Lanka ties seemed to reach a low point when in…

    EastAsia Forum - May 24 16:45 GMT - more ...
    [ Tags: History, SriLanka, China ]

  • Xi calls for advancing China-Sri Lanka strategic cooperative partnership

    Xi calls for advancing China-Sri Lanka strategic cooperative partnership

    President Xi Jinping on Tuesday called for more efforts to advance the strategic partnership of cooperation between China and Sri Lanka. Xi made the remarks when meeting with Sri Lankan Prime Minister Ranil Wickremesinghe who attended the Belt and Road Forum for International Cooperation on May 14-15 in Beijing. This year marks the 60th anniversary of diplomatic…

    XinhuaNet - May 16 15:29 GMT - more ...
    [ Tags: SriLanka, China, WarCrimes ]

  • China emerges as Sri Lanka’s main import source replacing India

    China has emerged as Sri Lanka’s main import source replacing India, the country’s major import origin since 2001. China became the main import origin of the island in 2016, accounting for 21.7 per cent of total expenditure on imports recording an increase by 13.6 per cent to US$ 4,215 million, Central Bank(CB) statistics showed. The main items imported to the…

    ST - May 13 19:29 GMT - more ...
    [ Tags: India, History, China ]

  • Is China blackmailing Myanmar, like it did with Sri Lanka?

    Is China blackmailing Myanmar, like it did with Sri Lanka?

    China is known for territorial expansionism and autocratic rule but its increasing economic prowess has added another dimension to its clout - the economic imperialism. Now, China is financially big enough to first pump its money in small, poor nations and then acquire controlling stakes in organizations as the nations fail to repay, be it the poor or financially…

    India Today - May 07 12:11 GMT - more ...
    [ Tags: India, SriLanka, China ]

  • India to Challenge Chinese Monopoly on Naval Vessel Supply to Sri Lanka

    India to Challenge Chinese Monopoly on Naval Vessel Supply to Sri Lanka

    Amid increased Chinese presence in the Indian Ocean Region, India has expedited supplying naval vessels to its neighbors to sustain its hold in the region. Once the naval vessel is delivered to Mauritius, India’s Goa Shipyard is expected to transfer an offshore patrol vessel to Sri Lanka next month. The Mauritius was given the second Fast Patrol Vessel and Sri Lanka…

    Sputnik News - May 04 13:00 GMT - more ...
    [ Tags: India, SriLanka, China ]

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