Are concerns over Chinese presence in Sri Lanka valid ?
It's a deal that the Sri Lankan government hopes will pay off some of its multi-billion dollar debts to China.
A controversial agreement has been signed to lease the port of Hambantota to a Chinese state-owned company for the next 99 years.
 
The Chinese government helped foot the $1.3bn bill for the construction of the redeveloped port in southern Sri Lanka.
 
An industrial zone near the port hopes to attract Chinese investment.
 
Critics complain a Chinese colony is being built.
 
Sri Lankan leaders insist Chinese debts need to be repaid and the deal will attract investment and create jobs.
 
Is the deal too high a price to pay?
 
Presenter: Richelle Carey
 
Guests:
 
Christopher Balding - Associate professor at Peking University HSBC Business School
 
Einar Tangen - Political affairs analyst
 
Uday Bhaskar - Director of Society for Policy Studies in New Delhi
Al Jazeera
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