China is working with other lenders on easing Sri Lanka s debt burden, a Chinese diplomat said as country attempts to re-structure debt after the country defaulted on foreign debt after two years of money printing.
China has welcomed the resumption of free trade agreement talks by Sri Lanka as the country attempts to boost exports, after years of closed market policies under the Rajapaksa regime that allowed businessmen to exploit domestic consumers.
Sri Lanka shares fall amid negative sentiment on budget policies economynext.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economynext.com Daily Mail and Mail on Sunday newspapers.
Browns and CHEC join forces for $ 450 m CIFC ft.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ft.lk Daily Mail and Mail on Sunday newspapers.