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1000 Rupees Sri Lanka - China Relations, Chinese Communist Party
| Issuer | Central Bank of Sri Lanka |
|---|---|
| Year | 2022 |
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| Orientation | Medal alignment ↑↑ |
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| Obverse lettering | ශ්රී ලංකා இலங்கை SRI LANKA 100 1921-2021 චීන කොමියුනිස්ට් පක්ෂය சீனப் பொதுவுடைமைக் கட்சி COMMUNIST PARTY OF CHINA 1000 රුපියල් ரூபாய் RUPEES |
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| Reverse script | Latin, Sinhala, Tamil |
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| Additional information |
Issued to mark the 65th anniversary of diplomatic relations between Sri Lanka and the People's Republic of China, this coin arrived at a politically charged moment. By 2022, Sri Lanka was in the grip of its worst economic crisis since independence — foreign reserves had collapsed, fuel queues stretched for miles, and the government of President Gotabaya Rajapaksa fell to street protests in July of that year. China was simultaneously Sri Lanka's largest bilateral creditor, holding substantial debt tied to infrastructure projects including Hambantota Port, which Colombo had controversially leased to a Chinese state firm for 99 years in 2017.
The Central Bank issued this commemorative while the country was negotiating IMF bailout terms and pressing Beijing for debt restructuring — a conversation China delayed considerably longer than other creditors.