By P.K.Balachandran. Colombo, August 25: The United States and Japan have both cast their eyes on the Eastern Sri Lankan port of Trincomalee to counterbalance the presence of the Chinese in Hambantota in the South and Colombo in the West and its growing clout around the Bay of Bengal. The Trincomalee harbor was meant to […]
CHINA
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Pushpa Rajapaksa’s China funded Sri Lanka NGO now a boutique hotel.
Image: Fern Colombo is located 2.6 km from U.S. Embassy, 2.8 km from R Premadasa Stadium and 3.5 km from Khan Clock Tower. ( photo -Booking.com) Allegations have resurfaced regarding large payouts to the former ruling family by another Chinese ports company, after Deputy Minister Ranjan Ramanayake, who is becoming a lone crusader against corruption, revealed […]
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Sri Lanka’s currency suffers as debt trap deepens
Image: Mattala Rajapaksa International Airport, in southern Sri Lanka, is called “the world’s emptiest airport.” It has four scheduled flights per week. (Photo by Yuji Kuronuma) NEW DELHI — Sri Lanka, which has loaded up on Chinese-funded infrastructure, is sinking deeper into a debt trap as its currency weakens and economic growth decelerates to its slowest […]
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How China trapped Sri Lanka under a mountain of debt
Image: Sri Lankans walk by a Chinese-funded port in Colombo. Photo: Lakruwan Wanniarachchi/AFP via Getty Images. Erica Pandey . Sri Lanka’s economy is struggling under the weight of massive debts owed to China, with the rupee hitting an all-time low on Monday. The big picture: As the small South Asian country’s economy spirals downward, it’s freeing itself from debts […]
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Sri Lanka the latest victim of China’s debt-trap diplomacy
Image: Beijing has been given a 99-year lease on Hambantota port as part of a debt-reduction deal, amid talk of creditor imperialism following China’s buy-up of strategic ports in Piraeus, Darwin and Djibouti. This month, Sri Lanka, unable to pay the onerous debt to China it has accumulated, formally handed over its strategically located Hambantota […]
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Welcome To The Surveillance State: China’s AI Cameras See All
By Ryan Grenoble. Across China, a network of 176 million surveillance cameras, expected to grow to 626 million by 2020, keeps watch on the country’s over 1.3 billion citizens. Loaded with facial recognition technology and artificial intelligence that can keep tabs on people and their activities, the cameras represent a blessing for the security state and a […]
