header logo
Asia asset finance
Mogo Academy
Latest
Will lead “ChinaGoHome” campaign if China doesn’t help restructure SL debt - Shanakiyan
Dec 02, 202205:29 PM
Will lead “ChinaGoHome” campaign if China doesn’t help restructure SL debt - Shanakiyan

Tamil National Alliance (TNA) MP Shanakiyan Rasamanickam has responded to the recent clapbacks made by the Chinese Embassy to a statement he made in Parliament earlier this week.

 

Speaking in Parliament this morning (02 Dec), Rasamanickam raised concerns about the Embassy’s involvement in matters discussed within the Parliament, adding that this was a grave threat to Sri Lanka’s sovereignty.

 

 “What does the Chinese Embassy have to do with matters that are discussed within this chamber? I have the privilege to speak in this house. What is the Chinese Embassy’s business to take my comments and speak about them on Twitter?” Rasamanickam questioned, claiming that he was only exercising the sovereignty of Sri Lanka’s citizens within the House.

 

“If you want a Twitter war, China Embassy page, I am ready for a Twitter war, but I just don’t have time”, he said, arguing that he merely raised his concerns pertaining to the Chinese debts because he wants the ongoing negotiations with the International Monetary Fund (IMF), which is currently a primary concern, to come through.

 

“All I said was help with the debt restructuring process”, he said in this regard, questioning why China’s economy of USD 20 trillion is unable to write-off, or delay, Sri Lanka’s debt of a mere USD 7.4 billion, on behalf of the 22 million people in the island.

 

Rasamanickam further accused the Chinese Government of lending the money to Sri Lanka despite knowing that the island’s economy was collapsing as a guise to get Sri Lanka caught in the Chinese debt trap.

 

The TNA MP further warned that in the event the Chinese Embassy and its Government fail to look after the citizens of Sri Lanka and refuse to restructure the debts, he is ready to lead a “ChinaGoHome” campaign with all 22 million Sri Lankans, similar to what was seen at the “GotaGoHome” Aragalaya, to chase the Chinese.

 

“I would like to warn the Chinese, there will be a China Go Home soon, and I will lead it”, he said.

 

Speaking in Parliament on Wednesday (Nov 30), Rasamanickam accused China of not being a friend of Sri Lanka, but instead, a friend of Mahinda Rajapaksa.

 

“If China truly wishes to stand with the people of Sri Lanka during difficult times, they should corporate with the debt restructuring process. As I understand, the entire IMF negotiations are at a standstill due to this,” the MP said.

 

In response to the parliamentarian’s remarks, the Chinese Embassy in Colombo reiterated that China is the biggest supporter to Sri Lanka in fighting Covid-19 and livelihood relief, including the Batticaloa District he represents.

 

In a twitter thread, the embassy recalled that China is also the first respondent to Sri Lanka’s financial crisis since its default in April.

 

 

 

MostRead
Mobitel 5g
VideoStories
Sugeeshwara Bandara arrested over allegations of misappropriating state funds

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

'No one can influence public appointments'  Govt denies officials appointed at Cardinal’s request

'No one can influence public appointments' Govt denies officials appointed at Cardinal’s request

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Political debate intensifies over Suresh Sallay detention and CID conduct

Political debate intensifies over Suresh Sallay detention and CID conduct

Court of Appeal to consider Former President Gotabaya Rajapaksa’s petition tomorrow

Court of Appeal to consider Former President Gotabaya Rajapaksa’s petition tomorrow

 Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

 “Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

“Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

 Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

CID informs court of probe into contempt allegations against six persons including ex-Ministers

CID informs court of probe into contempt allegations against six persons including ex-Ministers

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Lassana Flora