Home / Front Page/ China is key to Sri Lanka’s progress: survey

China is key to Sri Lanka’s progress: survey


Comments / {{hitsCtrl.values.hits}} Views / Friday, 18 August 2017 00:08

Facebook

01Close to 72% of the respondents of an islandwide poll conducted for business magazine LMD by research firm Kantar TNS believe that China is key to Sri Lanka’s economic progress.

Survey participants point out that China ‘provides donations and credit facilities to Sri Lanka’ while also being ‘the main contributor to large-scale projects implemented here’. Only 15% disagree with this notion while the rest are unsure.

Meanwhile, according to LMD, less than half (42%) of those surveyed state that India is also key to Sri Lanka’s progress. They cite India’s ‘continuous support for Sri Lanka’ when disasters and problems occur as being one of the main reasons for this notion. However, another 40% say otherwise while the rest (18%) state they do not know. The magazine also reports that “just over a quarter of those polled feel that India can be relied on in the long term…here too a greater share (51%) of respondents point to China as the preferred choice.”

However, at least six-in-10 survey respondents feel that our India-China relations are balanced, LMD notes.Citizens point to treating India and China as equal partners, maintaining our independence, improving trade with China and India, and offering concessions to them as a means of managing Sri Lanka’s relations with the Asian superpowers.

LMD’s publisher, Media Services, says the August edition of the pioneering business magazine has been released to leading supermarkets and bookstores in Colombo and the outstations. 

Its cover story features an exclusive interview with the Chairman of the Colombo Stock Exchange Ray Abeywardena, who says it is time Sri Lanka makes good on its promise to be a regional investment hub (for the full story, log on to www.LMD.lk).


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Will power cuts solve electricity crisis?

Tuesday, 23 April 2019

The country faced electricity power cuts, reminding citizens of early 1990s, which resulted in private power producers supplying electrical power with long-term power supply agreements. Today, most have completed their agreement period, but some were


Easter attack: Going beyond condemnation

Tuesday, 23 April 2019

Yesterday was Easter Sunday; 227 persons [at the time of writing] have been killed, and many times more injured. The primary targets were churches and international hotels. It seems clear that the extremist group ISIS (Islamic State of Iraq and Syria


Easter Sunday nightmare

Tuesday, 23 April 2019

This is the most important day of the year for Christians – the Peaceful Easter Sunday or Easter Day was shattered by deadly explosions in several Christian churches throughout the country; and we excoriate such hatred in our beloved country. We th


Poignant pondering on a patriarch

Monday, 22 April 2019

Almost five months have gone. It is with a profound sense of sadness that we experienced the demise of our veteran teacher, respected author, legal luminary, an accomplished ambassador, an eminent public servant and an amazing human being, Dr. Wickre


Columnists More