India has to explore new markets also. It Has to improve quality. China is there and will always be there. Sri Lanka is the friend of India to get Kachathiveu as though it is the parental property of those who gave it and to get Indian Army to fight LTTE as the SriLankan army refused to fight as instructed by their Prez. which had been revealed recently and to get help from India to murder Tamils in the guise of eliminating LTTE.With such a friend like India they will definitely go by China.Remeber the Lankan newspapers wrote "the old fox has taken --- for a ride" when IPKF was sent there R.POnnambalam
The credit squeeze by the banks in Sri Lanka and Nepal are just an indication of how much control China is having in the region. China's only aim at present is to corner India economically and politically. By making billions of dollars worth of deals with Sri Lanka, Nepal, Mayanmar and even Mauritius, China is trying to corner India. The credit squeeze by the banks are totally influenced by Chinese deals with the governments of these countries. The idea is to create a base for Chinese companies to capture these traditionally India dominated markets.
