China and Sri Lanka have issued a joint statement confirming China's plans to develop strategic projects in Sri Lanka, including a seaport and Colombo airport. China has reaffirmed financial support for Sri Lanka amid debt restructuring negotiations. Sri Lanka's Prime Minister visited Beijing to finalize the debt deal, with China pledging continued support. The development includes the strategic Hambantota port and Colombo airport. The situation has sparked concerns about potential debt traps for Sri Lanka.
"#China says it is going to support #Pakistan in its fight against terror. But it does not do the same with #India," writes Shishir Gupta https://t.co/4qL2qSy3oH
#SriLanka PM says #China to develop strategic Hambantota port, Colombo airport I guess 1 debt trap in the past was not enough so now Sri Lanka goes for a second one. It's probably a condition for China to agree to restructure Sri Lanka's debt. Prime Minister Dinesh Gunawardena… https://t.co/D7PsEb5xA6
China has said it would continue to support Sri Lanka, as the crisis-hit island nation's Prime Minister wrapped up a visit to Beijing to try to finalise a debt restructuring deal. https://t.co/92w3IrOMFH
China reaffirms financial support for Sri Lanka #ARYNews https://t.co/7Lb80Y3LxS
Sri Lanka says China to develop strategic seaport, Colombo airport https://t.co/a76QyVYs7d
Full text: China and Sri Lanka issue joint statement https://t.co/PTG0WniUfi https://t.co/z9bWvGGfZu