After Doklam, another beef in Sri Lanka
A summary of the top news in Chinese politics and current affairs for October 13, 2017. Part of the daily The China Project newsletter, a convenient package of Chinaโs business, political, and cultural news delivered to your inbox for free. Subscribe here.
As the border standoff in Doklam continues to simmer, Sri Lanka, a country with a centuries-old cultural bond with India and a robust financial connection with China, just threw another log on the fire of China-India competitionย by letting India operate an airport on the southern tip of its island, near the Chinese Belt and Roadย outpost.
Sri Lanka, according to the countryโs civil aviation minister, Nimal Siripala, reached outย to both India and China in search of investment in the Hambantota area, where China has built a seaport with a 99-year lease and was planning to construct an investment zone and a refinery. But after China failed to reach an agreement with Sri Lanka, India came up with a proposal to set up a joint venture with Sri Lanka.
Chinaโs investments projects have met with widespread opposition from the locals. They have staged numerous protests in the face of eviction. Other critics questioned the local government for signing up loss-making projects with China that push the country deeper into long-term indebtedness.
- Hong Kong
Hong Kong leader can’t rule out barring even former governor Patten as China flexes musclesย / Reuters - 19th Party Congress and Xi Jinping
China shows more signs of economic strength heading into Communist Party Congressย / WSJ (paywall)
China banking regulator, Hubei chief front runners to head central bank: sourcesย / Reuters
Is Xi a threat to foreign businesses in China?ย / Bloomberg - Facial recognition
China makes progress on its national facial recognition surveillance systemย / TechNode - Taiwan
Taiwan seeks to build soft power with retooled southbound policyย / Reuters - Corruption
After 13 years on the run, Chinaโs most-wanted fugitive jailed for graftย / SCMP - Military
China: China develops laser gun for counter-terrorism operationsย / Economic Times