On 25 July, Sri Lanka's cabinet approved the revised 99-year lease agreement with China on Hambantota Port, describing it as "a win-win situation for both countries." ...

Sri Lankan President Gotabaya Rajapaksa, however, has rejected concerns that China has lured Sri Lanka into a debt trap by financing the Hambantota Port and said the project has a vast potential ...

China is in Sri Lanka to stay, and will continue to own the Hambantota port for years to come. Ten years from now Beijing will still own 60 percent of the Hambantota port.

Chinese military survey ship Yuan Wang 5 arrives at Hambantota International Port in Hambantota, Sri Lanka, August 16, 2022. REUTERS/Stringer Purchase Licensing Rights, opens new tab.

Exploring the Significance of Hambantota Port for China and Sri Lanka. The convoluted story behind the failing Port of Hambantota, erected with much ado on Sri Lanka’s southern shore, has become ...

By Ranga Sirilal and Shihar Aneez COLOMBO (Reuters) - Sri Lanka will finally sign a $1.1 billion deal on Saturday to lease the southern Hambantota port to China, after several months of delay ...

Japan wants Sri Lanka's southern Hambantota port to be "free of military activities", the visiting Japanese Defence Minister Itsunori Onedera has said amid concerns in the region over the leasing ...

“Hambantota port can contribute immensely in the journey towards making Sri Lanka one of Asia’s modern, economic success stories,” the Development Strategies and International Trade Ministry ...

Sri Lanka tops the list of nations that may host a Chinese naval base in the coming years ... The South Asian nation’s Hambantota port is the most likely spot for a base given the US$2.19 ...

Sri Lanka’s decision earlier this month to move a naval unit to Hambantota port, now leased to the China Merchant Ports Holdings Ltd for period of 99 years, isn’t good news for New Delhi.

A photo taken on July 29, 2017 shows the signing ceremony on lease of Sri Lanka's deep-sea port of Hambantota to China Merchants Port Holdings.