{"id":51380,"date":"2017-02-12T03:27:02","date_gmt":"2017-02-12T08:27:02","guid":{"rendered":"http:\/\/dbsjeyaraj.com\/dbsj\/?p=51380"},"modified":"2017-02-12T04:35:19","modified_gmt":"2017-02-12T09:35:19","slug":"china-reaching-for-the-indian-ocean-colonizes-sri-lanka-telling-india-to-stay-off-the-island","status":"publish","type":"post","link":"https:\/\/dbsjeyaraj.com\/dbsj\/?p=51380","title":{"rendered":"China Reaching for the Indian Ocean Colonizes Sri Lanka Telling India to Stay Off the Island"},"content":{"rendered":"

By<\/p>\n

Panos Mourdoukoutas <\/strong><\/p>\n

After claiming South China Sea to be its own sea, telling America to stay off its islands, China is reaching for the Indian Ocean, telling India to stay off its own colony, Sri Lanka.<\/p>\n

That\u2019s something investors in Southeast Asian markets should keep a wary eye on, as it opens yet another front between the two Asian giants, raising the geopolitical risk of investing in the region.<\/p>\n

Markets, for the time being, seem to be ignoring these risks.<\/p>\n

Sri Lanka\u2019s colonization began back in 2007, when China supplied President Rajapaksaboth military and diplomatic support to crush the Tamil Tigers.<\/p>\n

<\/p>\n

Then came high profile construction projects and high interest loans that eventually were swapped for equity, transforming China into an owner of Sri Lanka\u2019s major port\u2014 and a key outpost in the Indian Ocean for Beijing.<\/p>\n

That\u2019s bad news for India, which is becoming encircled by China.<\/p>\n

\u201cChina\u2019s growing involvement in sensitive ports so close to India\u2019s shores fed New Delhi\u2019s long-standing concerns about Chinese encirclement,\u201d writes Jeff M. Smith in Foreign Affairs.<\/p>\n

For its part, China has repeatedly asserted that it doesn\u2019t plan to use the port for military purposes, this assertion coming as recently as last week.<\/p>\n

But history proves otherwise. In the past three years, Chinese submarines have begun suddenly and repeatedly showing up in the Chinese-operated South Container Terminal in the port of Colombo.<\/p>\n

And that\u2019s in spite of India\u2019s high profile protests.<\/p>\n

\u201cFor India, the sudden appearance of a Chinese submarine in Sri Lanka was too much to bear,\u201d continues Smith.\u201cSeventy percent of Colombo\u2019s transshipment traffic comes from India, and New Delhi has long been concerned over China\u2019s efforts to expand its presence in the island nation.\u201d<\/p>\n

When Indian Prime Minister Narendra Modi met Rajapaksa a few weeks later, he reminded him that Colombo \u2018was obliged to inform its neighbors about such port calls under a maritime pact.\u2019 But the same submarine surfaced again in November 2014, catching New Delhi by surprise once more.<\/p>\n

Apparently, what China says it plans to do with its colony and what it actually intends to do are two different things. And India must either devise a plan to contain China or be prepared to put up with it.<\/p>\n

Courtesy:Forbes<\/em><\/p>\n

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By Panos Mourdoukoutas After claiming South China Sea to be its own sea, telling America to stay off its islands, China is reaching for the Indian Ocean, telling India to stay off its own colony, Sri Lanka. That\u2019s something investors in Southeast Asian markets should keep a wary eye on, as it opens yet another …<\/p>\n

Continue reading ‘China Reaching for the Indian Ocean Colonizes Sri Lanka Telling India to Stay Off the Island’ »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/51380"}],"collection":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51380"}],"version-history":[{"count":1,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/51380\/revisions"}],"predecessor-version":[{"id":51381,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/51380\/revisions\/51381"}],"wp:attachment":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}