Abstract:
The Chinese model of development is a grand global strategy for achieving the Chinese dream through existing
foreign policy. China - Sri Lanka bilateral relations have proved to be of increasingly prominent regional and
global significance. The paper tries to examine the state of the China - Sri Lanka economic relationship in the
context of the Chinese model of development. It is a descriptive study based on secondary data gathered from
various sources of information. The Chinese model of development holds much appeal to many developing
countries. However, this model is facing serious challenges and has become the subject of much debate in the
recent past. The China - Sri Lanka relations have existed more than two thousand years because of the Island of
Sri Lanka's strategic location on the old shipping lane. Sri Lanka is still considered a vital part of the String of
Pearls concept. Hence, China has turned its attention towards Sri Lanka. From the beginning of the 21st century,
Sri Lanka and China ratified several agreements on bilateral issues relating to the Belt and Road Initiative and Silk
Road project. The recent developments in the China - Sri Lanka relationship have led to the creation of a so-called
Chinese Colony in the South Asian region, and it has triggered China - India geopolitical interests in the Indian
Ocean region. This paper concludes with the argument that the Sri Lankan Government will have to be receptive
and sensitive on these issues, and pay attention to controlling contamination and maintaining diplomatic relations
with all for the political stability and economic prosperity of the nation.