JANUARY 14 — Sri Lanka has witnessed a remarkable political transformation. Anura Kumara Dissanayake has been elected as the country's President. His party, the...
Democratic discipline: How Sri Lanka’s political transformation strengthens China ties — Krishantha Prasad Cooray as a first-time user . Exclusively for Malay Mail readers: Use codeJANUARY 14 — Sri Lanka has witnessed a remarkable political transformation. Anura Kumara Dissanayake has been elected as the country's President. His party, the People's Liberation Front , leads the National People's Power coalition.
Sri Lanka is experiencing strong political stability that stands out amidst the turbulence touching much of South Asia. The ruling coalition's organizational discipline, reminiscent of China's party structure where AKD serves as the Leader of the JVP, has established a predictable environment for international observers and investors.
This stability has translated into tangible economic confidence. The Colombo Stock Exchange's All Share Index has risen by 27 per cent in the past three months, reaching its highest level since 2021. Trading volumes show sustained growth, particularly in sectors targeted for development. During Emperor Tiberius Caesar Claudius's reign , Lankan diplomats informed Rome of their established trade relations with China. Pliny noted that the Lankan ambassador's father had made several visits to China as the country's envoy. Chinese records document their vessels trading gems, spices, and ivory at the flourishing port of Mantota while travelling between China and Rome.
The Asian Infrastructure Investment Bank, with China and India as its largest shareholders, provides a strong multilateral framework for engagement. The government has implemented clear protections for foreign investments and streamlined business processes, with particular welcome extended to Chinese private companies.
As President AKD prepares for his visit to China, several factors make this a uniquely opportune moment for deepening bilateral cooperation. First, Sri Lanka now has a government that combines organizational discipline with democratic legitimacy - a model that could prove influential across the Global South. Second, the country's strategic location and stable political environment offer China a reliable partner in a region of increasing economic importance.
Discipline: How Sri Lanka’S Political Transformation Strengthens China Ties Krishantha Prasad Cooray
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