looking beyond borders

foreign policy and global economy

Archive for the tag “Chinese money”

India May Not Like It, But Sri Lanka Can’t Move Completely Away From China

Buried under billions of dollars of Chinese debt, Colombo has little option but to go along, albeit at a pace slower than earlier. After all, Chinese money did prop up the war-battered economy and created jobs, and did help the government in ending the war against the Liberation Tigers of Tamil Eelam. The Chinese know that while the wicket might be sticky at this point, the pitch will eventually help the ball turn their way.

Read Here – The Wire

A City Transformed By Influx Of Chinese Wealth

Once a British outpost on the far side of the New World, later a countercultural mecca known for its pot-infused vibe, Vancouver, Canada, is entering a new phase, transformed by immigration from across the Pacific. Greater Vancouver’s population of approximately 2.5 million is now 16% of Chinese origin; the city proper is 28% ethnically Chinese. Some locals have dubbed it “Hongcouver.”

Read Here – LA Times

 

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