NO.197 This means that Sri Lanka's Magampura Mahinda Rajapaksa Port has been leased for 99 years to China Merchants Port, a state-owned enterprise in China.

Sri Lanka and Belt and Road

Typical financing techniques for Belt and Road in China

Magampura Mahinda Rajapaksa Port in Sri Lanka received a huge loan from China for infrastructure development. As the loan became non-repayable, the right to operate the Hamampura Mahinda Rajapaksa Port was handed over to the Chinese Merchants Port, a Chinese state-owned company, for a limited time.

If you make a huge loan and it becomes impossible to repay the loan, request the delivery of the loan object. This seems to be said to be a typical technique of Belt and Road in China.

There are many people who are wary of being expressed as “debt traps”, but the profits will be great for those who receive loans.

China Merchants Port is a hostage taken in Sri Lanka at Magampura Mahinda Rajapaksa Port.

Take for example the Port of Hambantota (Magampura Mahinda Rajapaksa Port). It was difficult for Sri Lankan people to operate the Magampura Mahinda Rajapaksa Port. The Sri Lankan people did not have the skills to operate the port properly. China Merchants Port took charge of the operation of Magampura Mahinda Rajapaksa Port.

One point. China needs to share the profits from Magampura Mahinda Rajapaksa Port with Sri Lanka.
Sri Lanka can freeze the assets of the China Merchants Port at Magampura Mahinda Rajapaksa Port at any time. China Merchants Port at Magampura Mahinda Rajapaksa Port is equal to the hostage taken in Sri Lanka.

It would be difficult for the Chinese Navy based in the Nansha Islands to use this force to release the freeze.
Sri Lanka is far from the Nansha Islands. It is difficult to conduct military operations from the Spratly Islands to Sri Lanka. The United States and India do not allow the Chinese Navy to gain that much ability.

And India and the United States will take action by taking the use of force by China as an opportunity.
India wants to regain its influence on Sri Lanka from China. The United States tries to frustrate the Belt and Road.

If the Sri Lankan government cannot properly manage this situation, it means that it is not qualified as a governor.

Participating countries in Belt and Road that provide bases in China are guaranteed profits.

Let's say that China has acquired many operating bases in the vast area of ​​Belt and Road. This freezing of assets in China is a method that can be implemented by all the countries that own China.

China must share profits with all countries participating in Belt and Road.

The Chinese government has continued to say "win-win relationships" for economic cooperation with other countries.
The Chinese government will adhere to this policy through Chinese actions. This is to prove "Chinese glory."
Its primary purpose is to gain the trust of countries in the international community. Obtaining trust from countries in the international community is the key to the success of Belt and Road.

Lastly, let's mention China's Belt and Road about the profits that can be gained by the country that has given the right to operate the base. Hong Kong was returned to China from the UK. The prosperity of Hong Kong is inherited from the UK.
The same thing will happen at the site where the operational rights were provided to Belt and Road.

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