Liberalism and Economic Interdependence: Assessing China-Sri Lanka Economic Relations in the Post-COVID-19 Era

Abstract

This research investigates the nature of bilateral relations between Sri Lanka and China in the post pandemic era. The problem stems from the need to understand how economic interdependence, guided by liberal economic principles, impacts Sri Lanka's sovereignty, economic stability, and development, especially following the COVID-19 pandemic. The study aims to shed light on whether increased economic ties with China bring about mutual benefits or potentially lead to imbalances and dependency. Through a qualitative research approach, including literature analysis and stakeholder interviews, the objectives include examining the role of liberal economic ideologies, evaluating the level of economic interdependence, identifying challenges and opportunities, and assessing the implications on Sri Lanka's economic landscape. The research findings underscore the importance of a balanced approach, strategic planning, and comprehensive policies to ensure that economic collaboration with China aligns with Sri Lanka's long-term economic stability and growth objectives, allowing for mutual prosperity in the post-pandemic period.