China's new deal with Sri Lanka

Sri Lanka's Dangerous 'Deal' with China: Is Another Debt Trap Ready to Explode? What Could Go Wrong
In a significant boost to economic ties, Sri Lanka has secured a landmark $3.7 billion foreign direct investment from China's Sinopec, marking a pivotal moment in the island nation's recovery efforts.
China Inks $3.7 Billion Oil Deal With Sri Lanka | Becomes Biggest Bilateral Lender | China Debt Trap
Sri Lanka and China have taken yet another major step towards economic cooperation. In a landmark deal, Sri Lanka has secured a record-breaking $3.7 billion foreign direct investment with Sinopec, a Chinese state-run oil giant.
Sri Lanka signs landmark US$3.7 billion deal with Chinese state oil giant
BEIJING: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday (Jan 16). Sinopec has agreed to invest US$3.
Sri Lanka signs historic $3.7bn deal with Sinopec
BEIJING: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run
China offers to invest $3.7 billion in oil refinery in Sri Lanka as Dissanayake pitches for more Chinese investments
Dissanayake incidentally was a critic of the Hambantota port deal for its long-term lease while he was in the opposition.It was seen as a balancing act as last year India and Sri Lanka inked a deal to jointly develop 85 Word War II-era oil storage tanks at the strategic Trincomalee port in the eastern region of the country.
China offers $3.7 bn for SL's refinery as Dissanayake seeks more investment
China has offered to invest USD 3.7 billion in Sri Lanka, stated to be the biggest-ever foreign investment in the island nation, to build a state-of-the-art oil refinery as the two countries signed a new plan to upgrade BRI cooperation during Sri Lankan President Anura Kumara Dissanayake's state visit here.
Ada Derana13h
Sri Lanka, Sinopec sign agreement for USD 3.7 bln investment in oil refinery
Sri Lanka’s Ministry of Power and Energy and China’s Sinopec Corporation have signed an agreement to build an oil refinery in ...
devdiscourse22h
Strategic Strengthening: Sri Lanka and China's Diplomatic Milestone
Sri Lankan President Anura Kumara Dissanayake's recent visit to China has bolstered strategic ties between the two nations.
The Daily Mirror8h
China ready to bring in US $ 10 billion to Sri Lanka
Sri Lanka stands the chance of attracting investments from Chinese companies amounting to around US $ 10 billion as a result ...
Nikkei Asia1d
China and Sri Lanka eye new phase of BRI with $3.7bn investment
Sinopec, China's state-owned and largest oil refiner, signed an agreement with Sri Lanka's energy ministry to invest $3.7 ...
The Wire1d
During Dissanayake's Beijing Trip, Sri Lanka Bags $3.7bn Investment From Refiner Sinopec
Sri Lanka and China did not mention the end of the former's moratorium on visits by foreign research vessels but indicated ...
Hambantota again? Is Sri Lanka getting into the same China trap?
In the largest foreign investment ever, Sri Lanka has signed a deal worth $3.7 billion with China for the construction of an ...