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The new government in Colombo is aiming for better ties with India while retaining the “close friendship” with China.
The fledgling party pitched the polls as a "David versus Goliath" battle.
The statistics department has started measuring the gross domestic product by including indirect taxes.
India has signed onto Chinese initiatives in the region like the RCEP trade talks and the Asian Infrastructure Investment Bank.
Indian Prime Minister Narendra Modi’s BJP is facing a tough challenge from the newest entrant in Indian politics.
Earlier this week, Rajan left interest rates unchanged after an unscheduled cut last month.
China and India share a 2,000-km-long border that has never been formally delineated.
China and India share a 2,000-km-long border that has never been formally delineated.
Jaishankar has previously been ambassador to China and Singapore.