China media: Sri Lanka investment going sour

Ray

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China media: Sri Lanka investment
13 March 2015


Work has been suspended at the construction site of the China-backed "Colombo Port City" project

Papers analyse Sri Lanka's decision to suspend a Chinese-funded construction project.

According to reports, newly-elected Sri Lankan President Maithripala Sirisena has decided to revisit some deals signed with China by his predecessor Mahinda Rajapaksa.

The suspension of the port city project in Colombo and subsequent protests by Sri Lankan workers have gained wide attention in Chinese papers.

Mr Sirisena's government said that the project was launched "without relevant approvals from concerned institutions".

Some papers report that Sri Lankan workers are very angry over the decision,
while other news portals quote foreign media reports saying that the incident is a test of Beijing's "ambitious overseas ventures".

The Xinhua News Agency highlights Mr Rajapaksa's criticism of the suspension.

"Halting of development projects means that the Sri Lankan workers and engineers working on them will lose their jobs and thereby the cash flowing to villagers will stop," state media quote him as saying.

The Colombo port project is part of Beijing's Maritime Silk Road initiative, which is aimed at connecting China with the Indian Ocean nations and the larger Asia-Pacific region.

A commentary in the Haiwai Net, a news portal of the People's Daily newspaper, stresses that China views Sri Lanka as one of the important "components" in the country's Maritime Silk Road project.

'Pro-India president'
Observers in international media outlets say the initiative poses a direct challenge to India. Chinese papers, however, dismiss such views, assuring that the project will benefit every country in the region.

"The authorities cite regulations and environment issues as reasons for the suspension"¦ but this is only an excuse," says the Haiwai Net article.

The commentary notes that the new Sri Lankan president is "very pro-India" and suspects Colombo may have been "facing pressure from Delhi".

However, it highlights that India is unlikely to have the economic capacity needed to help Sri Lanka, and predicts that Colombo will "still depend on Beijing for infrastructure investment in the long term".

Turning to domestic news, papers assess "judicial fairness" after Chief Justice of the Supreme People's Court Zhou Qiang urged the courts to learn from wrongful convictions.

His comments come months after a high-profile case involving a wrongly-executed 18-year-old sparked a debate.

An article in the Global Times points out that it is "rare" for judicial authorities to use "such strong words".

The admission shows that the authorities "have been reflecting on their flaws" and "proactively responding" to the public's doubts about judicial fairness in China, it says.

Praising the judicial departments for being "courageous", the Beijing News urges the authorities to put in more effort to improve the system.

Echoing similar views, the Beijing Times says the admission of fault is "a first step". It urges judicial workers to "carry out their responsibilities according to the law".
BBC News - China media: Sri Lanka investment
This is serious blow to Chinese Overseas ambitions.

It is a serious blow to China's Maritime Silk Route dreams.

Naturally, the Chinese will blame India for all their ills at the failure to ensnaring the world with its hegemonic pursuits.

The new Sri Lankan President is hardly pro India.
 

Srinivas_K

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Chinese are investing and reaping benefits from Srilanka, It is their aggressive nuclear diplomacy that is making things difficult for their trade intentions.

China thinks it is in the making of super power which in reality is not.
 

Ray

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Modi has outmanoeuvred China in the Seychelles, Mauratius and now will move to Madagascar.

Sri Lanka has put the China on hold in the Colombo port and now has given a go ahead to India at Trinco with ONGC.

I am happy we have a PM who is not insular but outward moving to make India a country worth friendship and equality with all its neighbours and their development.
 
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