China’s Sri Lanka gamble fails as Beijing loses Rs 70,000 crore due to.., Xi now looking for India’s help in…
The Chinese ambassador has reportedly said that China was the first country to sign a debt restructuring agreement with Sri Lanka in October 2023 and most people do not know about this.

Big hit for China: In a predominant geopolitical setback for China, the Asian broad has suffered a loss of $ 7 billion resulting from restructuring of Sri Lanka’s external debt. In basically the most contemporary change, Sri Lanka’s affirm-rush newspaper ‘Day-to-day News’ has quoted China’s Ambassador to Colombo Qi Zhenhong as asserting that China has suffered a predominant loss of $ 7 billion resulting from the restructuring thought. Here are the total crucial parts it's essential know in regards to the Sri Lanka- China restructuring deal.
The Chinese language ambassador has reportedly acknowledged that China modified into as soon as the predominant nation to signal a debt restructuring settlement with Sri Lanka in October 2023 and most of us cease not know about this.
“Here's on legend of we cease not say the enviornment great about our assistance to Sri Lanka”, China’s Ambassador to Colombo Qi Zhenhong acknowledged about serving to Sri Lanka.
Ambassador comments on India-China family
Moreover to this, Ambassador Qi Zhenhong has acknowledged that China and India can work together to develop Sri Lanka’s Northern Province. As per him, every the Asian powers can work together on this route. Surprisingly, the Ambassador additionally acknowledged that there's not any battle between China and India.
“I am hoping that China, India and Sri Lanka can in some unspecified time in the future work together to implement a viable mission here”, the Ambassador acknowledged.
China ‘appreciates’ PM Modi’s ‘sure remarks’
In one more predominant trend impacting the Asian geopolitics, China acknowledged that it “appreciates” Prime Minister Narendra Modi’s most contemporary “sure remarks” on China-India family as all facets earnestly implement the crucial consensus reached by the leaders of the two international locations in Kazan, excellent year.
In a dialog with US-based podcaster Lex Fridman, which modified into as soon as released on Sunday, PM Modi laid stress on efforts which may presumably be being made to develop sure that differences between every international locations cease not escalate into conflicts and dialogue excellent key to diplomatic ability. PM Modi emphasised that cooperation between India and China is wanted for world stability and prosperity, advocating for wholesome competitors in preference to battle.
“We adore Prime Minister Modi’s most contemporary sure remarks on China-India family. Closing October, President Xi Jinping and Prime Minister Modi met successfully in Kazan and equipped strategic guidance for bettering and creating China-India family…”Chinese language International Ministry spokesperson Mao Ning acknowledged in some unspecified time in the future of a new media briefing in Beijing.
(With inputs from companies)
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