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China a ‘stakeholder’ in Sri Lanka’s development: Sri Lanka
Describing China as a “major stakeholder” in Sri Lanka’s development, Colombo has said Beijing had offered financial support and had stood by the country in “crucial situations“.
“China has extended its support to us... despite some international pressures on Sri Lanka in recent times,” senior Presidential Advisor Basil Rajapaksa said, while addressing a ceremony to mark the completion of the first phase of a power plant build with Chinese assistance in North-western province.
Mr. Rajapaksa said China is a major stakeholder in the country’s development.
“China came forward to help Sri Lanka in crucial situations,” he said, thanking Beijing for its financial support for the $455 million project.
The 900 MW coal-fired power plant, work on which was inaugurated in May 2006, is being built with Chinese financial assistance in Norochcholai and its first phase is expected to become operational next year.
The total estimated cost of the project is put at $455 million out of which EXIM Bank of China is providing a soft loan of $300 million.
Basil Rajapaksa said that the Chinese government had also granted financial support to Sri Lanka to develop roads, railways, harbours and other facilities.
As a classic example, during the last stages of the war in Sri Lanka, some western countries tried to throttle Sri Lanka by threatening her with stopping of aid, holding back on loans and even placing of embargoes. USA, France, Germany and the UK was most active and were ably fooled by the protesting, LTTE supporting minority Tamil Diaspora, to be negative.
Amidsts these threats, Sri Lanka stood strong. The contribution for the IMF loan to Sri Lanka by the USA and the opposing western countries was less than 25% of the total.
While all this was happening, China stood by Sri Lanka. It is also felt that China will stand by Sri Lanka in the future too.
In 1949-50 when Chairman Mao of China met Stalin of Russia, he requested for a loan of $300 million, primarily to provide electricity to Beijing. This was granted by Russia at a 1% interest rate.
60 years later, China has become the world's biggest economic power, dictating terms to most if not all European countries. They bow their head to nobody.
The Sri Lankan people were somewhat sure that China would help out if the IMF loan was stopped. The assumptions of the Sri Lankan Government top brass are not known.
Sri Lanka today has very strong leaders. The President, the Senior Presidential Adviser, Basil Rajapaksa and Defence Secretary Gotabhaya Rajapaksa to name just a few.
The combination of this leadership and assistance of China will bring Sri Lanka in to a new era of prosperity. It is only a matter of time.
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Crowd Power
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lalith
Colombo, Western, Sri Lanka
Recommendations (11)
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Irawwan
Chikkamagalur, India -
Nugawela
Anaheim, California, United States -
Rory Cripps
New Port Richey, Florida, United States 
Anonymous users (5)






Most RecentMost Recommended Comments (27)
at 09:51 on August 22nd, 2009
Means that the PATHETIC India lost the last NEIGHBOUR to the next super power CHINA who now can allow the PATHETIC INDIA to IMPLODE into 30 pieces by helping the insurgents inside the BRITISH MADE UNHOLY INDIA- ASAM, KASHMIR, MANIPUR, TRIPURA, NAGALAND and now ADDED TAMILNADU by aiding and abetting Srilankan genocide of Tamils
at 05:13 on August 24th, 2009
If the tamil terrorists have so much concern for India, the pig prabhakaran would not have send his zombies to kill Rajiv Gandhi. Then the same low life did not have any shame to go, fall at the feet and beg to Sonia Gandhi who he made a widow by killing her husband a thousand small human parts and other less mentionable pieces to save his and his terrorist friend's sorry rear.
Since that chapter is closed, why don't the remaining tamil land aspirants just shut and keep quiet? Forget about dignity and patriotism because those things does not apply to terrorist low-lifes. You all can just whine and weep and have dreams about separate Tamil land and a thousand pieces of India - but that dream will not materialize.
The person who made the comments here is - as per his profile says - is someone living in UK. If you really want to criticize the British to make India, first come out of that country and hold your head high like a man. Then speak.
Gross..!
at 09:58 on August 22nd, 2009
Srilankan so called VICTORY -using internationally banned chemical weapons on LTTE and starving and bombing the hell out of Tamils- SOON will EVAPORATE and become MISERY as INDIA cannot afford to let GO the LAST NEIGHBOUR- Srilanka- to ARCH RIVAL HOSTILE China and Pakistan as Srilanka invited both China and Pakistan into Srilanka.
Latest news, PAKISTANI ARMY ALLOWED in Tamil areas against India in the name of a 21 st Century JOKE- Srilanka to train the SOPHITICATED NUCLER POWER PAKISTANI ARMY
at 10:05 on August 22nd, 2009
Sour Grapes!!
By the way, how many of you are writing under that profile name? The name gives a pluralistic dimension or there is an apostrophe missing somewhere. Just curious.:-)
at 10:18 on August 22nd, 2009
Srilanka to train the SOPHITICATED NUCLER POWER PAKISTANI ARMY
There is a big difference between Nuclear and Anti Terrorist warfare.
It is like the LTTE terrorist and the cowardly LTTE supporter who whines and moans, living in luxury in another country.
SOPHITICATED NUCLER ?????????????????
at 10:44 on August 22nd, 2009
Typical Sinhala racist response-
The Super Power and all NATO countries cannot win Taliban and ALquieda in Iraq not because the US and NATO troops are less cleaver than the Srilankan so called victorious troops but because the SRILANKA, like the RUSSIAN used THERMOBARIC CHEMICAL WEAPONS ON CHECHANS, used not only CHEMICAL WEAPONS but also USED FOOD AND MEDICNE as LEGITIMATE WEAPONS against Tamil population by STARVING THEM while bombing the hell out of the poor Tamils and noe rest of the TAMILS ARE BEING TORTURED TO DEATH in the Srilankan Concentration Camps.
LTTE did not even turn their guns on innocent Sinhalese even at the HEAT of the WAR cos they are not terrorists like SICK SINHALA RACIST TERRORISTS
at 10:46 on August 22nd, 2009
India cannot afford to lose the Srilanka for the INDIAN SECURITY REASONS and will take the Srilanka at any cost- means the Sinhella racists' so called CHEMICAL VICTORY will EVAPORATE and become MISERY for whole Srilanka
at 11:44 on August 22nd, 2009
:=-)))
at 12:25 on August 22nd, 2009
Looks like one of the KTTEs forget to take it's tablets. Poor thing..!
at 12:01 on August 22nd, 2009
Srilanka - MAKE OR BREAK INDIA for Willing Victim INDIA
China Draws Elaborate Plan to Divide India in 30 States
http://groups.google.com/group/soc.culture.pakistan/browse_thread/thread/0e01b69efbe95f82
at 12:04 on August 22nd, 2009
Srilanka never ever allow India into Srilanka untill TAMILNADU in India, India cannot afford to lose Srilanka for National security reasons AT ANY COST and China will divide India as China almost secured the LAST Indian neighbour - Srilanka.
Divide India, Chinese scholar sayshttp://www.upi.com/Emerging_Threats/2009/08/10/Divide-India-Chinese-scholar-says/UPI-16621249930948/
at 12:10 on August 22nd, 2009
:-)
at 12:20 on August 22nd, 2009
21st Century HILARIOUS JOKE the COWARD Srilankan Sinhala terror military-, used CHEMICAL weapons and STARVATION of Tamils to defeat the Brave Brilliant LTTE- to train the SOPHISTICATED PAKISTANI Army almost won the recent KHARGIL War against India until ISRAEL helped the India
at 12:24 on August 22nd, 2009
Is that all? Any news about KP?
at 12:33 on August 22nd, 2009
Until the NAZI srilanka allow FREE MEDIA without killing and intimidating journalists, who write truth, how on earth we can get news about KP, why not you call your beloved srilankan terrorist rulers who DID INTERNATIONAL TERRORISM to abduct KP even if he made crime against Srilanka??
at 12:51 on August 22nd, 2009
Uh..oh..catching criminals is called arrest - not abduction. Ah.., Israel is the pioneer in such arrests of terrorists and drug runners. They call the units involved 'special"
at 12:40 on August 22nd, 2009
Since, Pakistan, Nepal, Burma(Myanmar), Bangaladesh and the Srilanka (Entire Neighbours of India)went into the FOLD of China, India either invade Srilanka like RUSSIA did to Gerogia recently or IMPLODE like SOVIET UNION. If I were an Indiaa ruler, I would have supported the LTTE to separate Tamil eelam but now LTTE gone, India's only bet to invade Srilanka like the RUSSIA in the name HUMANITARIAN as Srilanka OPENLY ETHNIC CLEANSING TAMILS in Tamil areas
at 12:50 on August 22nd, 2009
As Srilanka allowed PAKISTANI MILITARY into ETHNICALLY CLEANSED Tamil Areas near to India and China in the south and PATHETIC LOSER India woken up late and signed with MALDIVES to build MASSIVE Indian NAVAL Base, Srilankan CHEMICAL VICTORY will face the LITMUS TEST soon
at 23:16 on August 22nd, 2009
I think Jonathans is full of it. One track mind.
Come of it Mr. J. Just look at the progress Sri Lanka is making after Prabha and his friends were eradicated from the face of the earth.
Just bite the bullet, that is if you can. Prabha did not have the guts to swallow the pint of cyanide he was wearing round his neck and you will not be able to bite the bullet.
at 08:17 on August 23rd, 2009
Tamil Areas??...what?...aha, the 'e' word is becoming obsolete, ha?
at 08:42 on August 23rd, 2009
LOL...!There were no tamil areas. Only Sri Lankan areas. Before and now. The cleansing was required to remove the infestation. That is done and yeah, that is about it."If I were an Indiaa ruler"ROTFL...!!!!!
at 10:14 on August 23rd, 2009
Lalith; JEEZ! Look's like you elicited some emotions here! LOL!
at 10:41 on August 23rd, 2009
Rory,
It's a learning process isn't it? A lot of truth and also if you may have noticed, a lot of hatred!
at 14:28 on August 23rd, 2009
lalith: It certainly is at that! Thank you! And another thank you for making me and others aware of the goings on in your country.
at 10:48 on August 23rd, 2009
Funny 21st century phrases: "Brave Brilliant LTTE", just topped '3-decade-long peaceful negotiations of the LTTE'!
at 22:12 on August 23rd, 2009
"....Srilanka OPENLY ETHNIC CLEANSING TAMILS in Tamil areas...." Jonathans, ethnic clensing is not new to Sri Lanka. Your Sun-Goat ordered all the Muslims in Jaffna to assemble at Jinnah grounds on the 30th October 1990 and gave them only 2 HOURS to vacate Jaffna. Subsequently, a total of 70,000 muslims were clensed from the Northan Sri Lanka, their property and belongings were looted and occupied by the LTTE cardres. Name a single occation the 'terroist Govt.' of SL has done that to any community with dates and details ??
at 23:15 on August 23rd, 2009
Good one Rifadh.
In propaganda, people can lie and fabricate stories. You can easily see who the propagandist is, when you check all the comments to this post.
When countering false propaganda, one can't lie. Facts have to come out. This way, you have done well. Good comment.