A | Colombo, Oct 18 (UNI) Japan is working to organize a meeting of Sri Lanka’s creditors by the end of this year in hopes of solving that country’s debt crisis. The Daily Mirror quoted the Yomiuri Shimbun as saying that the meeting, which will discuss such issues as finding ways to reduce debt payments, aims to curb China’s influence by helping Sri Lanka cope with its so-called debt traps. The debt traps arose after China provided huge loans to the country to fund infrastructure developments and other projects, it said. Sri Lankan President Ranil Wickremesinghe asked Tokyo for help during talks with Prime Minister Fumio Kishida and others during a visit to Japan in September to attend the funeral of former Prime Minister Shinzo Abe. The meeting is expected to focus on measures to reduce debt payments and postpone repayment deadlines, among other related steps. Japan continues to urge other creditor countries to play a proactive role in dealing with the issue. According to the Sri Lankan government, the nation’s external debt at the end of June stood at $46.6 billion, accounting for about 70 per cent of its gross domestic product. Sri Lanka has more than 20 creditors, with China topping the list at $7.3 billion, followed by Japan at $2.7 billion and India at $1.7 billion. China — which has come under criticism from the international community for causing Sri Lanka’s economic collapse — will not play a leading role in restructuring Sri Lanka’s debts. The Japanese government will have to tread carefully in its efforts to reach agreement among creditors in a manner acceptable to Beijing. UNI MR。
A drone photo taken on May 15, 2026 shows a view of the tea gardens in Luxi Village of Jingde County, Xuancheng City, east China's Anhui Province. (Xinhua/Zhou Mu)China's poverty alleviation outcomes have been steadily consolidated and expanded, with rural per capita income showing a stable rise, a State Council report has revealed. The report on consolidating poverty alleviation achievements and advancing rural revitalization was submitted for deliberation at the ongoing session of the Standing Committee of the National People's Congress, the country's top legislature, which opened on Tuesday. According to the report, the per capita disposable income of rural residents in counties that have been removed from the poverty list rose from 12,588 yuan (about 1,855 U.S. dollars) in 2020 to 18,627 yuan in 2025, achieving average annual growth of 8.2 percent. It also noted marked improvements in rural infrastructure and public services, and a narrowing development gap compared with other regions. Industrial and employment assistance have been stepped up, and efforts have been made to stabilize jobs for those who have been lifted out of poverty. The number of such people with jobs has exceeded 32 million, the report said. The report also acknowledged persistent challenges, including long-term risks of relapse into poverty and weak development foundations in less-developed areas. Looking ahead, regular assistance will be integrated into the overall rural revitalization strategy, with people at risk of falling back into poverty and underdeveloped regions remaining as the primary targets of assistance. The approach will combine development-oriented support with a sound social security system to safeguard basic livelihoods, the report said. 。
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