China renews call for Sri Lanka to protect interests of its investors

Wednesday, 18 March 2015 00:00 -     - {{hitsCtrl.values.hits}}

Chinese Ministry of Commerce Spokesperson Shen Danyang yesterday urged the Sri Lankan Government to protect the interests of Chinese investors and promote bilateral economic ties following the suspension of a Chinese-funded Port City project in Colombo. Addressing the monthly news briefing, Danyang stated that China attached great importance to economic and trade cooperation with Sri Lanka. China supports its enterprises investing in Sri Lanka on the basis of mutual respect and benefits, he told media. “We hope the Sri Lankan Government will resolve the issue and protect the legitimate interests of Chinese investors according to the law for the healthy development of economic and trade ties,” the spokesperson asserted. The Sri Lankan Government suspended the Colombo Port City Project until the special committee, headed by Prime Minister Ranil Wickremesinghe, released its report. (Courtesy Xinhua)