Embracing China means embracing opportunities, and investing in China means investing in the future. China welcomes the Swedish and European business communities, including the Wallenberg family, to further strengthen cooperation with China for mutual benefit and win-win outcomes.
— Chinese FM Wang Yi during a meeting with Jacob Wallenberg, chair of the board of Sweden-based Investor AB, in Stockholm
🔗https://t.co/x3zrbBTFiD
On July 14 #Sinopec Energy Lanka Co. signed an agreement with the Sri Lanka Board of Investments to operate 150 existing & 50 new petrol stations in #SriLanka. Sinopec invested US$100 million in the project, including fuel import, storage and sales.
#SriLanka needs these trustworthy partners to secure reliable, abundant power to fulfill its potential role as a major regional player within industry.
Chinese Ambassador to Sri Lanka Qi Zhenhong told the Chief Prelates of the Malwatte & Asgiriya Chapters that a refinery with state-of-the-art technology capable of refining 4t of crude oil per day will be established in Sri Lanka as a Chinese investment
https://t.co/5kuYvv8nAV
🇨🇳🏥🇱🇰The Out-Patient Department (OPD) building of the Sri Lankan National Hospital, the largest ever China-Aid project in #SriLanka with 8 stories, 50000 square meters area & a daily access of 6000 patients, was handed over to Lanka today. It's expected to open to public soon.
#SriLanka will always fare better doing business with trusted #Asian friends which share a common perspective that a #peaceful & prosperous world is now possible.
A grand Signing Ceremony and Ribbon Cutting Ceremony of 15 projects was held at the Hambantota International Port on Sunday (23), covering shipping, logistics, warehouse, duty free, fuel oil sales, construction, yachts manufacturing...by 🇱🇰🇨🇳🇲🇻🇸🇬companies.
Confidence is back!
Fantastic. #SriLanka is geographically pivotal in #BRI routes and will experience historic growth & diversity in its economy leading to stability and influence.
https://t.co/2bLIlKARUB
Looking forward to establishing offices in #PortCity Colombo. #SriLanka, the re-emerging of the ancient maritime trading hub along the Maritime Silk Road since 1153 A.D. an integral part of Belt & Road Initiative #BRI trade corridors.
https://t.co/4AivdtSUJR
The #BeltandRoad Initiative #BRI, is fast becoming and will be recognized in history as the greatest altruistic effort for global development benefiting nations & the livelihoods of billions. #SriLanka will prosper.
Main trade partner: US (blue), China (red). Impressive to see #China trade relations and positive influence spread across the world and not a bomb dropped. #SriLanka is benefitting.
Subsea cables: digitally connecting the world. This is a map of the Earth’s entire submarine fiber optic cable network - which carries telephone traffic, digital and internet data around the planet.
In #SriLanka's current economic crisis they may be tempted by $$$ to host the next #US base. Likely #China, which surprisingly has only one foreign base, will step up with no strings attached.
All lenders have a stake in #SriLanka's recovery. These trusted relationships, like steadfast #China will help accommodate and re-establish a stable economy.