a whole new man made land adjacent to colombo, now a vast expanse of sand. this was soon transformed into a high tech port city, and here, sri lanka is building an international financial centre with tony s funding. this land was under the sea a few years ago. a chinese company has invested $1.4 chinese company has invested $1.1; billion to reclaim this $1.11 billion to reclaim this entire land, about 269 hectares. the sri lankan government wants to build a huge financial district rivalling singapore or dubai. sri lankan officials are excited about the prospects. it excited about the prospects. it will be an economic game changer, what you see out here, which is desert at the moment was reclaimed from the sea, which gives three longer a chance to redraw the map, build a city of world class proportions and functionality,
on manufacturers supply chains and the wider economy. joining me now from singapore is our asia business correspondent, mariko 0i. give us more detail. where china is headed the global economy tends to follow. indeed, sally. it is important to remember that while growth of 8.1% is indeed impressive, the country was in the middle of pandemic lockdowns in 2020 so it is coming off a very low base and when you look at the latest data closely there are some worrying signs as well. firstly the property is set that we keep talking about, it is attracting less investment because some of its biggest developers are facing a debt crisis and now the industry slowdown was triggered by beijing s introducing new measures to limit the amount of