China has now cemented it’s position of not only the main power of East Asia, but now the economic & military juggernaut of SouthEast Asia(The Indian Ocean)

 

Meet the new geopolitical geo-strategic juggernaut. With China gaining control over the strategic port in Sri Lanka along with the Gwadar port in Pakistan (See Here: Chinese State Firm Takes Control of Strategically Vital Gwadar Port ) and its One Belt, One Road strategic initiative ..it gives China effective control of Central Asia, East Asia, and cements it as an unrivaled power in the Indian Ocean.

This pushes India, which has been caught up in the lure and gravity of America/Western bribes and back pats, on the verge of a nervous breakdown as China is now effectively the super power in India’s neighborhood.

India’s fears have come true, but only because they bought into the Americans plans of being granted access to trade and technology to act as a counter weight to a rising and powerful China.

India remembers the dust up China put on them in their brief war and understand that by themselves they are no match for China, so at the behest of Great Britain(it’s colonial master and still has power their), India is being lured away from Russia( the Russian/Chinese axis) in her almost thoughtless drive to become China’s equal.

Now reality is starting to set in. China’s rise is unstoppable. Not because of the Chinese per’say. No! It is because the Lord of The Worlds had ordained Chinese rise to not only compete with, but overcome and overtake this American white man of the West.

Beijing Inks Deal To Manage Strategic Sri Lankan Port

After pouring billions into a project to develop key air and sea travel hubs in the southern-most regions of Sri Lanka, it appears that the Sri Lankan government will officially approve undisclosed Chinese companies to manage the Port of Hambantota for the rest of the 21st century.

Chinese officials and the Sri Lankan government are poised to make Chinese companies the primary administrator of port operations, including security arrangements, according to a copy of a draft agreement obtained by NHK.
The Port of Hambantota has been the subject of significant internal debate within the Sri Lankan administration. Advocates see the port’s construction as Sri Lanka’s path to becoming a high-income economy.
In October 2016, Sri Lankan Prime Minister Ranil Wickremesinghe called the opportunity to gain Chinese investment in the nation’s infrastructure a once in a lifetime opportunity. The area had traditionally only been known for immaculate beach fronts and thriving wildlife preserves.
The Hambantota dream has failed to live up to that potential. Critics point to the Port of Hambantota as an endless financial drain on Sri Lanka that sent the country to the verge of bankruptcy with foreign creditors. Further, since economic zoning in the Hambantota region is largely absent, so far the port has failed to attract as many cargo ships as its designers originally hoped.
Nearby Mattala International Airport was rated “the World’s Emptiest Airport” last year. And the island nation required a whopping $1.5 billion bailout from the International Monetary Fund to barely avoid a balance-of-payment crisis in April 2016.

China threw some $1.4 billion to Sri Lanka as part of a loan package to build the port and perhaps would like to start seeing some return on its 80-percent equity stake in the port, NHK reports.
Sri Lanka currently owes China approximately $8 billion, while 95.4 percent of all Sri Lankan government revenue goes toward servicing its debt. Previous government-run enterprises have racked up so much debt, conservatively estimated to value $9.5 billion, that Wickremesinghe told the nation’s parliament, “we still don’t know the exact total debt number.”

Nevertheless, lawmakers in Colombo disliked the prospect of Chinese naval ships and submarines freely patrolling the region. For Beijing’s part, the ability to conduct heavier surveillance of the region around Hambantota could prove useful, as the port is strategically located in the Indian Ocean. The sea lane could grow in importance over time as China strengthens investment and trade prospects with Africa.

Read more: https://sputniknews.com/business/201701031049236819-beijing-inks-deal-sri-lanka-port/

 

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