China will provide assistance to the best of its ability to Sri Lanka and work with relevant countries and international financial institutions in addressing its difficulties and debt burden, Chinese officials said on Thursday, as the South Asian nation became further mired in an economic crisis over the past week.
China unwilling to enter into $1 5 bn swap arrangement with Sri Lanka uniindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from uniindia.com Daily Mail and Mail on Sunday newspapers.
Uniindia: Colombo, June 13 (UNI) China has ruled out the possibility of entering into a US$ 1.5 billion swap arrangement with Sri Lanka on the ground that Colombo may not be able to fulfil its conditions.
Chinese Debt Trap in Sri Lanka an unfounded accusation chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.