Since the reform and opening up, China's economy has made rapid progress in just a few decades. At the same time, with the rapid rise of economic level, China's influence in the world has been expanding, and it has become a member or director of many international organizations. Looking back, that humiliating history seems to have happened yesterday. Perhaps we have experienced the most difficult, bitter and poorest period in China. Therefore, as China moves towards great rejuvenation, we still do not forget to help those countries in need. Among these countries, Sri Lanka, located in the Indian Ocean, owes China a huge foreign debt of more than 50 billion, which is too difficult for Sri Lanka, which still focuses on agricultural development. So Sri Lanka mortgaged the only world-class port in China to China, and the port also brought huge economic benefits to China.

Sri Lanka's economy can't make ends meet and it has to turn to our country for help.

In Sri Lanka, because domestic industrialization has not been fully popularized, people focus on agricultural development. Among them, Sri Lanka's Ceylon black tea has a certain reputation in the world, and it is also called the world's three largest black teas together with China's Qimen black tea and Indian Darjeeling black tea. Sri Lanka also had a golden period of domestic economic development because of Ceylon black tea. However, since 1997, civil wars have been going on all the year round, and the national economic consumption is greater than the economic output. It was not until 2009 that the war ended in Sri Lanka. However, decades of war consumption brought the poor Sri Lankan economic system to the brink of collapse and forced it to turn to China for help.

Unable to pay back the money, Sri Lanka had to mortgage the port.

Relations between Sri Lanka and China have always been good. As early as 1952, Sri Lanka signed a rice rubber trade agreement with China without establishing diplomatic relations with China and despite the blockade of China by western countries led by the United States. Faced with Sri Lanka's strong support, China will naturally not refuse Sri Lanka's request. Since 1990, China has borrowed more than 50 billion RMB from Sri Lanka, and it is too difficult for Sri Lanka, whose main economic source is agriculture, to pay it off.

There is a rule about international loans. If a country borrows money from another country but fails to repay it within the specified time, it must use the existing domestic resources as collateral, otherwise it will be rejected by other countries because of credit problems. Knowing that it was difficult to pay off the money it owed, Sri Lanka gave Hambantota Port, the only world-class port in China, to China.

Hambantota Port has brought great economic benefits to China.

From 20 12, China began to manage Hambantota Port. According to the contract, China will legally control Hambantota Port in the next few decades until Sri Lanka pays off its debts. Now, under the management of our country, there are 600 ships in the port every day, which brings immeasurable economic benefits to China.

The development of Hambantota Port will also promote the economic development of Sri Lanka and provide more employment opportunities for Sri Lankan residents. Regarding the future of Hambantota Port, Ko Duthois Ku (Sri Lankan Ambassador to China) said: Sri Lanka sincerely hopes that investors from China can invest in Sri Lanka, because this will not only create new business opportunities for Sri Lanka, but also enable us to pay off the international loan debt we owe as soon as possible.