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Economy

Sri Lanka-China rapprochement rolls on

Kabir Hashim, Sri Lanka's minister of public enterprise development, is part of a government team renegotiating loans with Beijing. (photo by Simon Roughneen)

JAKARTA -- After deteriorating during the early part of President Maithripala Sirisena's tenure, Sri Lanka's relations with China appear to be on firmer footing as both sides continue to iron out differences over Chinese investments in the island country.

"In most of the cases, we found we got better terms," Kabir Hashim, Sri Lanka's minister of public enterprise development, told the Nikkei Asian Review. He added that a few more Beijing-backed projects are currently under review. 

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