Chinese economic hit men have invaded Sri Lanka – Harsha
The Mahinda Rajapaksa government, which included the likes of Minister Wimal Weerawansa, who paraded as patriots, had allowed the ‘economic hit men’ from China to invade Sri Lanka, causing serious geopolitical implications for Indo-Lanka relations, UNP MP Harsha de Silva said yesterday.
He told a news conference in Colombo that the SLFP and leftist political parties, who were all now part of the Rajapaksa regime, used to unfairly accuse the UNP of mortgaging the economy to the West, but they had beaten all administrations since Independence, by virtually selling the entire country to the Chinese.
Having obtained unsustainable high interest loans from China for various projects, the government was not in a position to pay them back, Dr. de Silva said, adding that it was now trying to convert debt to equity as evident by Minister Sarath Amunugama’s recent statement that China should be permitted to own and operate the Norochcholai coal fired power plant.
Dr. de Silva said that the China Harbour Company had already acquired 85 percent of the Colombo South Port Terminal for a period of 35 years and considering the free reign it enjoyed, the entire terminal would be within its control very soon.
Eighty percent of transshipment at the Colombo Port was Indian based and they obviously would have reservations about going through the Chinese dominated CSPT, knowing very well that the Rajapaksa government allegedly manipulated the paper work which prevented Indian companies from bidding for a stake, Dr. de Silva observed.
The China Harbour company, the MP said, could not win an open tender for the Colombo Port Breakwater, but was given the contract on a platter to construct the first phase of the Hambantota Port and Hambantota Stadium.
Courtesy: The Island
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This UNP MP, HdS, has distorted the infrastructure building work being done with aid from China, at low interest. Ultimately, economic gains through such investments will be sufficient in the long term, to settle these loans little by little.
China has been a good friend to us unlike India. China has supplied us with arms to totally destroy LTTE, while India refused. Trading with China has always been on terms favourable to us. Their goods are manufactured to good quality standards that is even exceeds Western quality standards. Infact, even the West has begun to import from China items such as, Medical Equipment, medications etc. Electronic equipment from China are cheaper and of such good quality, that even the West imports from them at reasonable rates.
Whereas, we cannot say the same about goods imported from India. India dumps their out-of-date medications and medical goods on us. They even cheat by sticking new date labels over the old labels. Injection bottles and saline drips have been found often to be contaminated and old. Other Indian goods are also shoddy. Isn’t it time we find better suppliers in China? Who cares about Indo-SL relations! If India cannot provide us with a decent trade pact favourable to SL, it is indeed time we find better deals in China. To hell with Indo-SL pacts! Hurray for Sino-SL pacts!
Let us even have DEFENCE PACTS WITH CHINA AND RUSSIA. This should deter US and its Western imperialist allies from invading SL in Libya style, to topple MR led GOSL and install rabble JVP/JAM government on us, with N & E given autonomy to the Tamil nationalists, for USA to have a base in SL in return. SL would then be in utter chaos as Libya and Egypt etc today. I’d rather that China be allowed to have a base in SL to protect us against USA and its allies and from India’s future invasion threats and ambition to colonise us with TN Tamils, to form SL a TN colony perhaps, for the so-called Tamil nation.
Effectively import products from China at very competitive price.
Find a qualified manufacturer in China.
Find right Chinese business partners.
Have their own office in China and run their business by ther own.
Be your representative in China for your business in China