Sri Lanka will likely see presidential, general, and local government elections in 2024. The year will also bring an International Monetary Fund (IMF) review and is expected to be a "year of recovery" following the unprecedented economic crisis, which saw Sri Lanka declare bankruptcy last year. There is a pattern in Chinese activities through its ships in Sri Lankan waters and Colombo in the past succumbed to pressure from Beijing, given Lanka's indebtedness, said people familiar with the Chinese strategy.