1.9 C
Beijing
Wednesday, January 28, 2026

UPS to cut 30,000 jobs and close 24 sites as Amazon volume “glide-down” continues

UPS plans to cut up to 30,000 jobs and close 24 facilities in 2026 as it reduces Amazon delivery volume, even as the company beat earnings estimates and forecast higher revenue for the year.

Wall Street pushes S&P 500 toward 7,000 while Dow falls as healthcare stocks tumble

Wall Street lifted the S&P 500 to a record and closer to 7,000 as earnings rolled in and the Fed meeting began, while the Dow slipped after health insurers sank on Medicare Advantage news.

Tesla stock in focus ahead of results as Wall Street debates growth vs profitability

Tesla is set for a key earnings test as investors watch margins, demand and pricing strategy, with the results expected to influence sentiment across the EV and tech markets.

Commemorating 10th Anniversary of BRI: Celebrating China-Sri Lanka Relations

UncategorizedCommemorating 10th Anniversary of BRI: Celebrating China-Sri Lanka Relations

An event marking the 10th anniversary of the Belt and Road Initiative (BRI) was recently held at the Embassy of Sri Lanka in Beijing, underscoring the enduring ties and shared history between China and Sri Lanka. The commemoration was attended by Palitha Kohona, the Sri Lankan Ambassador to China, and the Foreign Minister of Sri Lanka, Hon. Ali Sabry, along with representatives from various Chinese and international media outlets.

During the event, Ambassador Kohona offered a glimpse into the rich tapestry of China-Sri Lanka relations, emphasizing their status as traditionally friendly and closely connected neighbors. He traced back the vibrant exchange of trade, cultural, and humanitarian cooperation that existed between the two nations along the Maritime Silk Road, fostering their mutual development. Drawing attention to the voyages made by the famed Ming Dynasty navigator Zheng He to Sri Lanka between 1405 and 1433, he revealed that a stone monument erected by Zheng He remains preserved in the National Museum of Sri Lanka, standing as a testament to their shared history and friendship.

Foreign Minister Sabry further elaborated on the multifaceted interactions and cooperation between China and Sri Lanka. He underscored the extensive bilateral discussions on political, economic, trade, investment, tourism, and financial matters as a testament to the strength and depth of their relationship. He also expressed his gratitude for China’s financial support during Sri Lanka’s economic crisis, reinforcing the crucial role of this partnership in Sri Lanka’s economic stability.

This commemoration serves as a reminder of the deep-rooted connections between China and Sri Lanka, demonstrating how their shared history along the Maritime Silk Road has fostered mutual development and enduring friendship. As they reflect on the past, they look forward to further strengthening their ties in the spirit of the Belt and Road Initiative, fostering even greater cooperation in the future.

READ MORE:

Check out our other content

Check out other tags:

Most Popular Articles