China on Tuesday said it is “closely following” the violent turn of events in Sri Lanka, where it has substantial investments, and asked the Chinese nationals working in the island nation to be alert and on guard against risks.
Beijing, while watching warily the fast unfolding of events in Sri Lanka, has not yet commented on the resignation of prime minister Mahinda Rajapaksa, who paved the way for large-scale Chinese investments, including in his hometown Hambantota port, which China took over on a 99-year lease as a debt swap.
Rajapaksa's resignation was seen as a setback for China as he promoted the
Disclaimer: No Business Standard Journalist was involved in creation of this content