- As China has surpassed India and Japan as the highest investor in Sri Lanka, Chinese President Xi Jinping is set to become the first Chinese head to visit the country in 3 decades.
- China has partaken extensively in Sri Lanka’s growth and recently built a $500 million port at Columbo and another at its southern coast, establishing its foothold in one of the busiest international shipping routes.
- Sri Lanka also features as a vital country is China’s plans of reviving the maritime silk route.
- China and Sri Lanka also discussed free trade agreement and are set to begin their negotiations to encourage Chinese enterprises to boost investment and strategic cooperation between the two countries.
- Sri Lanka is also seeing China as its largest single development partner and has seen a 140% increase in tourist arrivals from China.
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