Mint Explainer: What China’s $4.5-bn investment in Sri Lanka means for India

November 28, 2023

Sri Lanka has paved the way for a $4.5 billion investment by China in Hambantota. The town, which also houses a port that was leased to a Chinese state-owned shipping company in 2017, is at the heart of India’s concerns about growing Chinese influence in New Delhi’s strategic backyard.…

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