Sri Lanka is experiencing an economic, political and strategic crisis it has never had before. The situation is fragile – but a creative solution and determined national interest can help return the island nation to stability and growth. Amb. Rajiv Bhatia, in conversation with economist Dr Ganeshan Wignaraja on how Sri Lanka came to the current condition, and the remedies to adopt.
China’s large investments in Sri Lanka, Pakistan and the Maldives and the economic dependence this creates make it impervious to the internal political upheavals in these countries. This blog explores how it will retain its influence in Sri Lanka regardless of how the turmoil is resolved
The current political unrest in Sri Lanka and coups in Maldives and Zimbabwe bear a Chinese imprint. China’s use of strong-arm tactics smacks of the very behaviour that it had earlier criticised in former colonial powers
China has replaced India as Sri Lanka’s biggest economic partner. It is gaining control of Sri Lanka’s ports, which can give it leverage over India’s external trade