China offers Sri Lanka $2.8b in infrastructure loans: Minister

BEIJING (REUTERS) - China has offered Sri Lanka US$2.2 billion (S$2.8 billion) in loans for infrastructure projects, Sri Lankan Foreign Minister G.L. Peiris said on Wednesday.

The loans make up a "preferential bias" credit facility for infrastructure, Mr Peiris told reporters. He is accompanying Sri Lankan President Mahinda Rajapaksa on an official visit to China.