China builds Sri Lanka's $15 billion city

[huanghong]

Modern east india company

An East India Company that was asked by a sovereign state to take over land.

 

[Ravenman]

I wish Sri Lanka the best.

Hopefully this u a real project and not another Chinese debt-trap.

 

[Beijingwalker]

If not for Chinese meddling, they might have done even better

LOl, why you India can not do better? why being stuck in low income category for decades?

 

[Beijingwalker]

I wish Sri Lanka the best.

Hopefully this u a real project and not another Chinese debt-trap.

Turkey also borrows billions from China, why?

 

[Blain2]

good loan required for the country vs predatory loan taken by corrupt past president?

Why the assumption that what you give them is "good" and what they got from China was "predatory"? Maybe Chinese came in when SL needed the assistance the most and the conditions (whatever they may have been) were found reasonable by them.

It is only the western media, dictated to by the western power centers, that paints all things China does in SEA, Africa as predatory, destructive. If it were then at the very worst they are no different than WB/IMF etc. and at best, helping countries out without a ton of conditionalities and arm twisting as done by Western governments and their institutions, is a helping hand.

 

[Starlord]

Why the assumption that what you give them is "good" and what they got from China was "predatory"? Maybe Chinese came in when SL needed the assistance the most and the conditions (whatever they may have been) were found reasonable by them.

It is only the western media, dictated to by the western power centers, that paints all things China does in SEA, Africa as predatory, destructive. If it were then at the very worst they are no different than WB/IMF etc. and at best, helping countries out without a ton of conditionalities and arm twisting as done by Western governments and their institutions, is a helping hand.

Indians are wanna be westerners, whatever the Gori Chamri said they just follow it like a good pup, China bad- West Good, West money good, China money bad. There is no free lunch or no country do stuff out of goodwill only, yes there will be conditions favoring the one who is offering the loan but what can you expect from the Andh Bhakts?

 

[retaxis]

A city cost a lot more than 15billion dollars anyway. Just ask Akon lol

 

[ety]

Indians are wanna be westerners, whatever the Gori Chamri said they just follow it like a good pup, China bad- West Good, West money good, China money bad. There is no free lunch or no country do stuff out of goodwill only, yes there will be conditions favoring the one who is offering the loan but what can you expect from the Andh Bhakts?

Indians want all Chinese companies invested there that are making profits to give up their business and sell them to Indian companies or worse face ludicrous fines and confiscations. That's why literally no Chinese companies want to invest in India anymore now.

 

[mnztr]

China builds Sri Lanka's $15 billion city​

Nov 9, 2026



Raised from the ocean, a $15 billion vision for Sri Lanka's future.
Welcome to Port City Colombo — 269 hectares of reclaimed land set to become a new gateway connecting the Asia-Pacific with the world.
Inspired by China's Shenzhen, the ambitious development is attracting international businesses, investors and talent. From luxury apartments to a growing IT hub, more than 200 companies have already registered here. Swiss-headquartered IGT1, for example, has grown to nearly 500 employees in just over two years.

For Sri Lanka, still working to rebuild its economy after a sovereign debt crisis and a slump in tourism, Port City represents something bigger than a real estate project: a push to become a regional hub for IT services, finance and logistics.

With Chinese investment and development expertise helping drive the project forward, can this new city become a turning point for Sri Lanka's economy?

China builds America bombs.

 

[retaxis]

Indians want all Chinese companies invested there that are making profits to give up their business and sell them to Indian companies or worse face ludicrous fines and confiscations. That's why literally no Chinese companies want to invest in India anymore now.

India is professional at driving companies out of india. Recently Apple face 36bil fine and now this.

https://www.reuters.com/world/india/india-volkswagen-clash-court-over-record-12-billion-tax-dispute-2026-10-29/