In 2025, Sri Lanka was ranked as the second most expensive housing market in the world based on rentals compared to average income. It is possible that market distortions caused by black economy and corruption have contributed to this.
The larger opportunity before West Bengal is therefore not another round of infrastructure creation in isolation. It is the creation of an ecosystem in which infrastructure, private capital, local enterprise and skilled labour reinforce one another.
Why not begin by reopening serious discussions with Chinese conglomerate BYD about an Indian factory? BYD is now one of the world’s dominant EV manufacturers. Its Indian ambitions were caught in the post-Galwan investment freeze. Invite it back to the table—but on Indian terms
But the choice test applies to India as much as to the countries it hopes will follow its lead. If BRICS genuinely widens India's menu of markets, technology partners and financing sources without deepening its dependence on any one of them, it becomes a credible model for the rest of the Global South.
Sri Lanka is willing to make every effort to promote China’s Belt and Road (BRI) projects in the country and Sri Lankan President Gotabaya Rajapaksa publicly refuted the claim that China had set up a debt trap to control Sri Lanka, China’s Foreign Ministry Spokesperson Zhao Lijian said on Tuesday
Sri Lanka and China on Wednesday signed a supplementary agreement on a Memorandum of Understanding on water research and technology cooperation, aimed at providing clean drinking water to several areas of the country, a statement from the Chinese Embassy in Colombo said
The seventh round of India and China military talks to resolve border disputes in Eastern Ladakh have ended in a deadlock
Three days after US Secretary of State Mike Pompeo revealed that China has deployed 60,000 soldiers along the Line of Actual Control (LAC) against India, Beijing said that it does not recognise Ladakhs Union Territory (UT) status granted by New Delhi
Upon request from Sri Lanka, China has assured that the Indian Ocean island nation would be among first destinations for Chinese tourists when travels resume after COVID-19 pandemic
Ambassador of China to Maldives Zhang Lizhong, on Monday, responded to the recent allegations raised by Minister of Economic Development Fayyaz Ismail regarding the free trade agreement signed with China during the presidency of Abdulla Yameen Abdul Gayoom
Discussions are underway with China to obtain a loan facility of USD 700 million, state minister of money Ajith Nivard Cabraal has said
Bangladesh wants Myanmar leader Aung San Suu Kyi to be present at a tripartite meeting in Beijing, as proposed by China to discuss Rohingya repatriation issues
The Free Trade Agreement established between Maldives and China during the administration of former president Abdulla Yameen Abdul Gayyoom will hinder trade relations with other countries, Maldives’ Economic Minister has stated
A team led by Nepali Congress lawmaker of Karnali Province Jeevan Bahadur Shahi that returned from an 11-day visit to Nepal-China border in Humla district has accused China of encroaching Nepal’s territory in the district
China announced Sunday that it was providing a 600 million RMB Yuan ($89.6 million) grant assistance to Sri Lanka for the well-being of Sri Lankan people
Several countries like Sri Lanka, Zambia, Djibouti, Laos, Maldives, Republic of Congo, Tonga, Pakistan and Kyrgyzstan, among others, where China has invested through its much-hyped Belt and Road Initiative (BRI) have run into serious financial threat and debt trap, contrary to the expectation that the infrastructure exercise would help in their economic growth
The Orange Line Metro Train project in Lahore under the China-Pakistan Economic Corridor (CPEC), has been completed and was delivered to the Pakistani side, it was announced
A seven-member high-level Chinese delegation led by former Chinese Foreign Minister and current member of the Communist Party Political Bureau Yang Jiechi called on Prime Minister Mahinda Rajapaksa at Temple Trees Friday (Oct 09)
The head of the high-level delegation from the People’s Republic of China, who is currently visiting Sri Lanka has assured that China will continue to assist Sri Lanka for the success of the country’s development drive
