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Workers work at a construction site of the first phase of the Matara-Kataragama railway extension project in Matara in southern Sri Lanka, on Jan. 12, 2018. The track-laying commencement of the first phase of the China-built Matara-Kataragama railway extension project has been held in Matara in

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Sri Lanka the latest victim of China’s debt

This month, Sri Lanka, unable to pay the onerous debt to China it has accumulated, formally handed over its strategically located Hambantota port to the Asian giant.

China, Sri Lanka's joint development in

From the foundation stone of the Sri Lanka-China Industrial Zone being laid in Hambantota at the beginning of this year, to the official launch of operations at the Hambantota Port through a Sri Lanka-Sino joint venture at the end of the year, cooperation between Sri Lanka and China in Hambantota has flourished in 2017, with the vision of

With Sri Lankan port acquisition, China adds

(CNN)When Sri Lanka's government first looked to develop a port on its southern coast that faced the Indian Ocean, it went not to China, but to its neighbor, India.

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Sri Lanka’s Debt and China’s Money | The

Faced with difficult choices, Sri Lanka has to hope China’s Belt and Road can bring prosperity.

Sri Lanka's Colombo Port City: The Frontline

Colombo Port City, the biggest and most controversial infrastructure project in Sri Lanka's history, is either the staging ground for China and India's geopolitical battle or the place where the two powers come together to do business.

Bank of China opens first branch in Sri Lanka

COLOMBO, March 29 (Xinhua) -- Bank of China opened its first branch in Sri Lanka's capital Colombo on Wednesday evening. Sri Lankan Prime Minister Ranil Wickremesinghe, who was the Chief Guest at the ceremony said the opening of the Colombo branch was an important step in strengthening the island's economy and it

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DXN which mainly manufacture large and medium-sized crushing and grinding equipments was founded in 1987. Manufactures mobile crushers, stationary crushers, sand-making machines, grinding mills and complete plants that are widely used in mining, construction, highway, bridge, coal, chemical, metallurgy, refractory matter, etc. Learn more...

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