Sri Lanka completes controversial $1b 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.

Sri Lanka Gives an Inch on Port City Project

The government of Sri Lanka approved on Wednesday the construction of a breakwater for a USD 1.5 billion port...

China and Sri Lanka signed terminal, security deals

China has strengthened geopolitical, trade and maritime interests in the Indian Ocean region...