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Reuters
Reuters
Business
By Yew Lun Tian

Sri Lanka asks China for help with trade, investment and tourism

Sri Lankan Ambassador to China Palitha Kohona attends an interview at the Sri Lankan embassy in Beijing, China, July 25, 2022. REUTERS/Thomas Peter

Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo's envoy to Beijing said on Monday as it negotiates for an emergency $4 billion package to help it emerge from an economic meltdown.

The island nation of 22 million people is suffering its worst economic crisis since independence in 1948 after running out of foreign reserves. Protesters angry about the shortages of fuel, food and medicine toppled the Rajapaksa ruling family.

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