Beijing Dated 28th June (News Agency)–Economists and research groups have purported that even though the Chinese ruling party claims the Chinese economy as being ‘stable’, but in reality the experts predict that the economy is about to face turmoil. The Brexit incident is being viewed as a backdrop that has led to record the drop […]
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Colombo – India’s High Commissioner to Sri Lanka has reprimanded China, saying that Sri Lanka needs assistance, not unnecessary pressure or fueling disputes. The Chinese ambassador had alleged that India was interfering in Sri Lanka regardless of its sovereignty. The High Commission of India reprimanded China while reacting to this. ‘His violation of basic diplomatic […]
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New Delhi: Indian Foreign Minister S Jaishankar assured that India will stand with the Sri Lankan people through the crisis. Sri Lanka is receiving assurances of assistance from other countries too. But an Indian thinktank pointed out that this will not resolve the Sri Lankan Problems as Sri Lanka is completely trapped under the burden […]
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New Delhi: Meeting of Foreign Ministers of G-20 countries has been organised in Indonesia on the 7th and 8th of July. There is a possibility that Indian Foreign Minister S Jaishankar and Chinese Foreign Minister Wang Yi will hold discussions during this meeting. This meeting could be significant against the background of the brewing border […]
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Colombo: – India has announced loan assistance of $500 million to Sri Lanka. India has said that this assistance is being provided to Sri Lanka, which is going through a major economic crisis, for oil imports. At the same time, reports were being received that Sri Lanka has escaped being declared bankrupt by repaying an […]
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Colombo – Sri Lankan President Gotabaya Rajapaksa demanded that if China intends to assist Sri Lanka, it should give certain facilities to Sri Lanka to repay the debt. Chinese Foreign Minister Wang Yi I am currently on a visit to Sri Lanka. The Sri Lankan President presented this demand during the discussions with Wang Yi. […]
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New Delhi – Following the talks with the Foreign Ministers of the United States and Russia, Indian MEA S. Jaishankar held telephonic talks with Foreign Ministers of Australia, Indonesia, Maldives and Bhutan. However, the details of the talks have not been released. But there were comprehensive discussions for strengthening the bilateral cooperation. It is important […]
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Colombo – The Sri Lankan government has declared a food emergency due to the unavailability of foreign exchange for food imports. The Sri Lankan government has blamed the Coronavirus pandemic for the shortage of foreign currency reserves. However, analysts and media are claiming that a large amount of foreign exchange is being spent on the […]
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Islamabad – Claims are being made in Pakistan that the China Pakistan Economic Corridor (CPEC) is the country’s future. But this project, and also the future of Pakistan, seems to be under threat. The Pakistan government had demanded that China should restructure certain loans given to Pakistan under this scheme. China has dismissed the demand. […]
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Beijing: Despite the coronavirus pandemic, China’s economy was forecast to show a minimal growth while key sectors were said to have gained momentum. However, the projection is believed fake and several Chinese companies have declared bankruptcy or have defaulted on loans. From January to October this year, Chinese state firms defaulted on bonds worth $6 […]
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