A recent US research report says that China will develop the Hambantota port in Sri Lanka as its next naval base where Beijing has spent $2.19 billion developing the port. …
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World
Sri Lanka gets breather from China but debt trap problem remains
by Rahul Kumarby Rahul KumarChina has assured Sri Lanka once again of help in restructuring its bilateral loans in a bid to support the island nation acquire a $2.9 billion bailout loan from the …