Sri Lanka's civil war devastated both the people and the economy of the small nation. And as wounds begin to heal, Colombo's economy is also picking up. And China is hoping to profit as the country picks up steam.
Chinese President Xi Jinping has kicked off the country's 19th Communist Party Congress in Beijing. The critical meeting will likely see Xi enter a second five-year term along with a shake-up of the party's top body.
In his keynote address at the opening of the Communist Party congress, Chinese President Xi Jinping has said economic and financial reforms will be accelerated. What exactly is the leadership aiming to do?
China is offering to buy a stake in Saudi national oil conglomerate Aramco directly, the Reuters news agency has reported. But whether the kingdom will play along is not clear at all as it weighs several options.
Sri Lanka has signed a long-delayed billion-dollar deal that allows a Chinese state-owned firm to take over a loss-making port. The move worries many China-watchers, including India, Japan and the US.
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