Sri Lanka Completes Controversial $1 Billion Port Deal With China
Sri Lanka on Saturday sealed a billion-dollar deal to let a Chinese state firm take over a loss-making port in a move that has been opposed by unions and worries the island’s neighbours. The long-delayed sale $1.1 billion sale of a 70 percent stake in Hambantota port, which straddles the world’s busiest east-west shipping route, … Read more