India Reacted Swiftly, Calls To China Gone Unanswered: US Agency On Lanka

[Windjammer]

Sri Lanka asks China for help with trade, investment and tourism

Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo's envoy to Beijing said on Monday as it negotiates for an emergency $4 billion package to help it emerge from an economic meltdown.

www.reuters.com

 

[kingQamaR]

If we look at Sri Lanka’s debts, 47% to the financial markets (dominated by US and West) 13% to the ADB (Asian Development Bank), 10% China and 10% Japan.

The question should be why there are so many questions questioning China? Interesting, right?

 

[MH.Yang]

Sri Lanka asks China for help with trade, investment and tourism

Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo's envoy to Beijing said on Monday as it negotiates for an emergency $4 billion package to help it emerge from an economic meltdown.

www.reuters.com

The 1 million tons of grain donated by China is enough to ensure that Sri Lankans will not suffer from famine and mass death. As for economic assistance, it requires consultation and negotiation between the two govts.

To be honest, Sri Lankans' economic model of relying on loans to maintain high income is unsustainable. They must experience pain before they can realize the need for reform.

The Indian govt is unable to save Sri Lanka.

Now India is gradually falling into a foreign exchange crisis, and it is already very difficult for them to protect themselves.

However, it is also interesting for us to listen to the boasting of Indian media and the fantasy of Indian netizens.

 

[etylo]

How on the earth do these arrogant Americans have the rights to be judgmental of others esp of China all the time.

 

[tower9]

China only owns a small portion of Sri Lanka’s debt while the current crisis was significantly impacted by the dollar’s tightening. Of course the facts don’t matter but ok.

 

[Wesen Hunter]

Shows who has got South Asia's back.

 

[huanghong]

What the Americans said surprised me. Japan has more debt to Sri Lanka than China and she doesn't seem to mention Japan at all, why is that? ?

 

[nang2]

China only holds 10% of Sri Lanka's debts. The biggest creditor is Japan. I suggest India call to Japan to be more fruitful.

 

[INDIAPOSITIVE]

https://twitter.com/x/status/1552280120462675969

 

[kingQamaR]

Shows who has got South Asia's back.

Sri Lanka for example, most of its debt is owned by the western institutions u idiot

 

[kris]

Not just that but Sri Lankans would never tolerate being ruled by anyone else.

As for looking down on other S Asian countries, probably by 2035 they will be no richer than Indians and BD'shis.

So much optimism despite Srilankan neck deep financial issues....

 

[Cheepek]

Of all it's creditors, Sri Lanka had asked only one of them to restructure the loans publicly, had asked at the highest levels. But it went to deaf ears, and I guess it eventually broke SL's back.

China giving lip service is not new, remember the same given to Afgh. If you trust fraud Chinese, it's only on you!

 

[大汉奸柳传志]

I'm fine with Sri Lanka borrowing money from India to pay off Chinese debt.

 

[Cheepek]

Don't forget Xitler called Sri Lanka, an "all weather friend" just a few years back.

Xi says China regards Sri Lanka as all-weather friend[1]- Chinadaily.com.cn

China regards Sri Lanka as an all-weather friend and partner, Chinese President Xi Jinping said here Wednesday when meeting with Sri Lankan Parliament Speaker Chamal Rajapaksa.

www.chinadaily.com.cn

Sounds familiar?...

 

[Wood]

I'm fine with Sri Lanka borrowing money from India to pay off Chinese debt.

Sri Lanka is not going to pay anything to anyone anytime soon. It is a black hole right now. Throw your money in there and forget about it