China's new deal with Sri Lanka

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 Hambantota with an investment of USD 3
Sri Lanka signs landmark $3.7 bn deal with Chinese state oil giant
Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday. "During President Anura Kumara Dissanayake’s four-day state visit to China,
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 visit resulted in agreements on Belt and Road cooperation, agricultural exports,
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 commitment to ‘maritime cooperation’.
China's new deal with Sri Lanka: Should it worry India?
Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI. Sinopec's refinery deal competes with India's strategic interests in Sri Lanka's energy market.
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 oil refinery in Hambantota. The deal comes after Sri Lanka scrapped the deal with an Indian company for the same refinery.
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.
Sri Lanka Secures $3.7 Billion FDI During President’s Visit to China
During President Anura Kumara Disanayake’s four-day state visit to China, Sri Lanka marked a significant milestone by securing the largest foreign
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.
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.
Nikkei Asia2d
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 ...
Dissanayake secures $3.7 bn Chinese FDI for oil refinery
Sri Lanka has secured “one of its largest FDIs”, President Anura Kumara Dissanayake announced after signing a $3.7 ...
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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 ...