Current:Home > StocksSri Lanka is allowing a Chinese research ship to dock as neighboring India’s security concerns grow -Aspire Money Growth
Sri Lanka is allowing a Chinese research ship to dock as neighboring India’s security concerns grow
View
Date:2025-04-26 18:26:17
COLOMBO, Sri Lanka (AP) — A Chinese research ship will be allowed to dock at a Sri Lankan port this week, likely adding to neighboring India’s concerns about China’s growing influence in the Indian Ocean.
The arrival of the Shi Yan 6 follows last year’s visit by a Chinese naval vessel.
The latest ship has been given permission to dock for replenishment at the port of Colombo, the Indian Ocean island’s main port, from Wednesday until Oct. 28, said foreign ministry spokesman Kapila Fonseka.
The vessel had been expected to conduct research with Sri Lankan state institutions, but Fonseka said permission was granted only for replenishment and no research work would be carried out.
“The particular permission is very clear,” he said.
According to Chinese television network CGTN, Shi Yan 6 is a geophysical scientific research vessel on an expeditionary voyage in the eastern area of the Indian Ocean.
Organized by the South China Sea Institute of Oceanology under the Chinese Academy of Sciences, the vessel is scheduled to operate at sea for 80 days, covering a range of more than 12,000 nautical miles (roughly 22,200 kilometres), CGTN reported.
China has been trying to expand its influence in Sri Lanka, which is located on one of the world’s busiest shipping routes in what India considers part of its strategic backyard.
Beijing was once widely seen as having an upper hand with its free-flowing loans and infrastructure investments. But Sri Lanka’s economic collapse last year provided an opportunity for India as New Delhi stepped in with massive financial and material assistance.
Two weeks ago, Sri Lanka reached an agreement with Export-Import Bank of China on key terms and principles for restructuring its debt, an important step toward unlocking a second installment of a $2.9 billion package from the International Monetary Fund aimed at helping the island nation from its dire economic crisis.
Sri Lanka declared bankruptcy in April 2022 with more than $83 billion in debt, more than half to foreign creditors. China accounts for about 10% of Sri Lanka’s loans, trailing Japan and the Asian Development Bank.
Sri Lanka borrowed heavily from China over the past decade for infrastructure projects including a seaport, airport and a city being built on reclaimed land. The projects failed to earn enough revenue to pay for the loans, and in 2017, Sri Lanka leased the seaport in Hambantota to China.
Last year, Chinese navy vessel Yuan Wang 5 docked at Hambantota in southern Sri Lanka. There were fears in India that the vessel could be used to surveil the region.
veryGood! (5)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- An early boy band was world famous — until the Nazis took over
- South Carolina basketball sets program record in 101-19 rout of Mississippi Valley State
- St. Nicholas Day is a German and Dutch Christmas tradition some US cities still celebrate
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Kentucky train derailment causes chemical spill, forces evacuations
- Love Hallmark Christmas movies? This company is hiring a reviewer for $2,000
- Massachusetts is creating overnight shelter spots to help newly arriving migrant families
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- 5 people dead in a Thanksgiving van crash on a south Georgia highway
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- An early boy band was world famous — until the Nazis took over
- St. Nicholas Day is a German and Dutch Christmas tradition some US cities still celebrate
- Sean 'Diddy' Combs accused of 1991 sexual assault of college student in second lawsuit
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- How algorithms determine what you'll buy for the holidays — and beyond
- Colorado funeral home owners where decomposing bodies found returned to state to face charges
- Washington Commanders fire defensive coaches Jack Del Rio, Brent Vieselmeyer
Recommendation
Nevada attorney general revives 2020 fake electors case
As police investigate fan death at Taylor Swift show, safety expert shares concert tips
New Zealand’s new government promises tax cuts, more police and less bureaucracy
Eating out on Thanksgiving? You're not alone. Some Americans are opting not to cook
SFO's new sensory room helps neurodivergent travelers fight flying jitters
It's the cheapest Thanksgiving Day for drivers since 2020. Here's where gas prices could go next.
Father arrested in Thanksgiving shooting death of 10-year-old son in Nebraska
Bradley Cooper's 'Maestro' fully captures Bernstein's charisma and complexity