LatestOver the last few years, Sri Lanka has become a case study of how Chinese money and clout have the capability to buy favors and concessions. The government under Mahinda Rajapaksa gave China a free hand in how it chose to invest in Sri Lanka. All these countries have welcomed the Chinese investments with the hope of developing their economies. It appeared at first that under Sirisena Sri Lanka would adopt a more balanced approach, but the recent developments paint a very different picture. The question remains as to whether Sri Lankan leaders can use Chinese money to win domestic elections and influence.

Source: Sunday Times July 30, 2018 06:33 UTC