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.
China's GDP grew 6.9 percent in 2017 — the fastest pace in two years and higher than expected by analysts. The economy's strong rebound came despite efforts to curb financial risk from excessive debt growth.
German carmaker Volkswagen has reported record global sales in 2017 after being dogged by the costly emissions cheating scandal. VW made the announcement as it unveiled an updated Jetta model at the Detroit Auto Show.
Chinese exports and imports picked up steam last year, fresh figures from the customs administration have shown. Shipments to the US rose considerably, increasing Beijing's controversial trade surplus.
The inclusion of Afghanistan in the China-Pakistan Economic Corridor would boost the country's economy, but its implementation will be difficult for Beijing without regional consensus and a green light from the US.
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