Thursday, March 12

Tag: Cheng Xueyuan

Chinese stable economic performance good news to Sri Lanka – Cheng Xueyuan
Business

Chinese stable economic performance good news to Sri Lanka – Cheng Xueyuan

Chinese Ambassador to Sri Lanka Cheng Xueyuan issuing a press release has stated that the stable performance of Chinese economy with steady momentum is good news for the whole world including Sri Lanka. Stating that Sri Lanka is a key component of the “21st Century Maritime Silk Road”, with Hambantota Port and Colombo Port City he states China-Sri Lanka economic and trade cooperation will inject new vigor to Sri Lanka’s economic and social development. The complete message of the Ambassador is as follows: China’s Economy Registered a Stable Performance with Good Momentum, Good News for the Whole World Including Sri Lanka According to the statistics released by China’s National Bureau of Statistics, China’s GDP growth rate in the first half of 2018 reached 6.8%. The national eco...
Eyebrows raised over playing Chinese national anthem before SL’s
LOCAL

Eyebrows raised over playing Chinese national anthem before SL’s

Many an eyebrow has been raised over a government decision to play the Sri Lankan national anthem after that of China, at a state festival, attended by President Maithripala Sirisena, on Saturday. The ceremony to mark the commencement of the construction of a special 200-bed hospital with Chinese financial assistance to treat kidney patients was held in Polonnaruwa on Saturday with the participation of President Sirisena and Chinese Ambassador in Sri Lanka Cheng Xueyuan. Courtesy: island.lk
No one can weaken UNP’s strength – Minister Navin Dissanayake
LOCAL

No one can weaken UNP’s strength – Minister Navin Dissanayake

National Organizer of the United National Party (UNP) and Minister of Plantation Industries Navin Dissanayake says no one can weaken a strong political movement like the UNP. Addressing the media in Nuwara Eliya today after visiting a tea factory, Minister Navin Dissanayake said there is a very talented and strong group of leaders in the UNP and by strengthening and encouraging them only the party can go forward. Minister Dissanayake accompanying the Chinese Ambassador in Colombo Cheng Xueyuan visited the private Pedro Tea Factory in Nuwara Eliya and engaged in an observation tour of the factory. The Chinese Ambassador looked into the production process of the factory. Minister Dissanayake and the Chinese Ambassador also visited Nuwara Eliya MCC and Victoria Park and planted a ...
China strongly committed to helping Sri Lanka become prosperous: Envoy
Business, Main Story

China strongly committed to helping Sri Lanka become prosperous: Envoy

By Nisthar Cassim and Shannon Jayawardena China yesterday expressed stronger commitment to help Sri Lanka realise its goal to become a prosperous country, allaying fears over growing engagement and stating it has to do with gratitude and cooperation, and not ulterior motives. “China and Sri Lanka have strong complementarities, and the potential for cooperation is still waiting to be explored. With concrete efforts and under the guidance of our leaders, I am fully confident that in the new era of our bilateral relations, we will certainly gain the success of joint construction of BRI in Sri Lanka, and embrace the Sri Lankan dream of a prosperous country and a happy people,” China’s Ambassador Cheng Xueyuan said yesterday. “Long live China-Sri Lanka friendship,” Ambassador Cheng sai...
China nod for $1.1 b Central Expressway loan
Business, Main Story

China nod for $1.1 b Central Expressway loan

China’s Ambassador Cheng Xueyuan during a meeting with Prime Minister Ranil Wickeremesinghe yesterday has assured the Chinese Government had approved the $1.1 billion loan for the construction of the first phase of the Central Expressway, the Prime Minister’s Office said. The statement was issued following reports that loan disbursement had been held up, despite the expressway being in the works for the better part of two years and being one of the flagship projects of this Government. The loan was obtained from the China Exim Bank. “The Chinese Ambassador to Sri Lanka met Prime Minister Ranil Wickeremesinghe to break the good news of the Chinese Government approving $1 billion for phase I of the Central Expressway construction. Instructions have been given to Chinese EXIM Bank to proce...
President looks to China for Sri Lanka’s economic development
Business

President looks to China for Sri Lanka’s economic development

President Maithripala Sirisena said China's continuous support is indispensable for Sri Lanka to realize its future development and make itself a new economic center of the Indian Ocean Region. President Sirisena has said that his objective is to attract more investment and assistance from China for Sri Lanka's economic development as well as its people's livelihood. The President has expressed these views when Ambassador of China, Cheng Xueyuan recently called upon President Sirisena at the President's Official Residence to exchange views on China-Sri Lanka relations and joint construction of the Belt and Road Initiative. President Sirisena, stressing that the friendship between the two countries dates back to ancient times has highly appreciated the tremendous assistance provide...
China slams Trump, urges Sri Lanka to back trade liberalization
Business, Main Story

China slams Trump, urges Sri Lanka to back trade liberalization

The Chinese Government slammed US President Donald Trump saying the Trump administration has unilaterally adopted a number of trade protection measures, which might trigger a global trade war that would affect the whole world. China also noted that as long as it adheres to trade liberalization and economic globalization, Sri Lanka’s great dream of becoming an important economic center in Asia would surely be realized in coming years. China is willing to work together with all countries, including Sri Lanka, to safeguard the multilateral trading system, promote further development of economic globalization, build a new form of international relations and a community of shared destiny, so as to bring greater welfare and brighter future to the people of the world. The Chinese Ambassa...
China dispels ‘baseless suspicion’ on Chinese militarization of Sri Lanka’s Hambantota Port
Business, Main Story

China dispels ‘baseless suspicion’ on Chinese militarization of Sri Lanka’s Hambantota Port

China Mondayrejected the rumors of 'Chinese Militarization' at the Hambantota Port of Sri Lanka as 'baseless suspicion'. Ambassador of China to Colombo, Cheng Xueyuan, dispelled the rumors that China's Belt and Road initiative aims to use Sri Lanka's Chinese-built port in the Deep South for military purposes. Ambassador Cheng made this assertion when he called on the Prime Minister Ranil Wickremesinghe on Friday (20 April) to exchange views on joint construction of the Belt and Road Initiative including the Hambantota Port. Responding to recent baseless suspicion on so-called Chinese militarization at Hambantota Port, Ambassador Cheng pointed out that there is no any military purpose for China to conduct friendly and pragmatic cooperation with Sri Lanka. "China never interferes...
China warns Sri Lanka over attempts to sour relationship
LOCAL

China warns Sri Lanka over attempts to sour relationship

China has warned Sri Lanka over attempts to sour the relationship between both countries. The Chinese Ambassador to Sri Lanka, Cheng Xueyuan said that there are baseless claims being made that the Hambantota Port might be used for military purposes. “China and Sri Lanka should keep vigilant against such kind of rumors, and strengthen communication and coordination so as to prevent the China-Sri Lankan relations and cooperation from being disturbed or damaged,” the Chinese Embassy in Colombo quoted the Ambassador as saying. The Chinese Ambassador had expressed this view at separate meetings he had with Prime Minister Ranil Wickremesinghe and Navy Commander, Vice Admiral Sirimevan Ranasinghe. During his meeting with the Prime Minister, Ambassador Cheng said that China attache...
Five new envoys to Sri Lanka present credentials to President
LOCAL

Five new envoys to Sri Lanka present credentials to President

Five new Ambassadors to Sri Lanka presented credentials to President Maithripala Sirisena on Tuesday at a ceremony held at the President's House, Colombo. The new diplomats assuming duties were Ambassador of Sudan Sirajuddin Hamid Yousif, Ambassador of Vietnam Ms. Pham Thi Bich Ngoc, Ambassador of Myanmar Han Thu, Ambassador of Korea Mr. Lee Heon and Ambassador of China Cheng Xueyuan. Minister of Foreign Affairs, Tilak Marapana and the Secretary to the President, Austin Fernando were present on this occasion.