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

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.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.