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China\'s \'New Silk Road\' Is Derailed In Sri Lanka By Political Chaos And Violent Protests
China\'s \'New Silk Road\' Is Derailed In Sri Lanka By Political Chaos And Violent Protests
China's 'New Silk Road' Is Derailed In Sri Lanka By Political Chaos And Violent Protests

It was supposed to be a great new catalyst of transportation, manufacturing, and trade that would be used to stimulate growth in Sri Lanka’s remote Hambantota district. The dream was for Sri Lanka, China, and other nations to join together in the building of a new international city that would rise up from the southern jungles that could complement booming Colombo,…

Forbes - Feb 23 08:08 GMT - more ... [ Tags: Politics, Economy, China ]

Sri Lanka panel questions central bank chief over bond sale
Sri Lanka panel questions central bank chief over bond sale
Sri Lanka panel questions central bank chief over bond sale

A Sri Lankan commission investigating irregularities in government bond sales questioned the new head of the country's central bank on Tuesday, as the government's anti-corruption policy came under scrutiny. The commission questioned Indrajith Coomaraswamy on the alleged irregularities in the issuance of treasury bonds. It will also investigate a controversial bond…

Reuters - Feb 23 07:50 GMT - more ... [ Tags: Politics, Economy ]

Gary Anandasangaree

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