Sri Lanka’s Marxist-leaning President Anura Kumara Dissanayake has held talks with Chinese leader Xi Jinping, one month after visiting India on his first overseas trip since winning election in September.

Sri Lanka and China are ushering in a new chapter in bilateral relations,” Sri Lankan President Anura Kumara Dissanayake has said in an interview with Xinhua

China and Sri Lanka have agreed on more investment and economic cooperation, after China's President Xi Jinping met recently elected Sri Lankan President Anura Kumara Dissanayake in Beijing on Wednesday.

As Sri Lankan President Dissanayake meets Xi Jinping in Beijing, a look at China’s economic grip on Sri Lanka’s economic sovereignty, and the goodwill that India has shown towards its southern neighbo

In recent years, China has deepened its strategic cooperative partnership with Sri Lanka with fruitful outcomes on Belt and Road cooperation, including the building of a container terminal in the Sri Lankan capital of Colombo, as well as roads and railways, and the development of Hambantota Port and Port City Colombo.

China will continue to play a "positive role" in the International Monetary Fund and maintain friendly communication with other creditors, in assisting Sri Lanka to achieve financial relief and debt sustainability,

Sri Lankan President Anura Kumara Dissanayake attracted investments and support for debt sustainability from China on his first visit to Beijing since being elected in September.

Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI. Sinopec's refinery deal competes with India's strategic interests in Sri Lanka's energy market.