International relationsChina and Sri Lanka eye new phase of BRI with $3.7bn investment
Sinopec to build refinery, help island nation's struggling economy earn dollars
Chinese President Xi Jinping, right, shakes hands with Sri Lankan President Anura Kumara Dissanayake at the Great Hall of the People in Beijing on Jan 15. (Pool photo/AP)
MARWAAN MACAN-MARKAR, Asia regional correspondent
January 17, 2025 17:00 JST
BANGKOK -- Sri Lankan President Anura Kumara Dissanayake will wrap up his inaugural visit to China Friday after securing a landmark investment deal that can help his country's struggling economy, while adding value to Beijing's Belt and Road Initiative projects in the strategically-located island.