#china #chinanews #srilanka #india #refinery #project

In May 2022, Sri Lanka officially declared bankruptcy. This news pushed the country with too much reputation into the international spotlight. While most countries have distanced themselves from the bankrupt country, China's response has been distinctive.

In the past few years, China has continuously provided assistance to Sri Lanka and established an important cooperative partnership with it. In November last year, the two sides signed an important strategic cooperation. China will invest US$4.5 billion to help Sri Lanka build a large oil refinery.

However, this plan has attracted the attention of India before it has been officially launched. Because India is worried that this investment may not only threaten its geostrategic security, but may also plunge Sri Lanka into a debt crisis again.

In today's video, we will explore the significance of this cooperation between China and Sri Lanka, and whether this project will pose an impact and threat to India.

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