China pulls out of key investment in Sri Lanka port logistics venture
File picture of a general view of the port in Colombo. | Photo Credit: AFP In a significant development concerning Chinese investment in Sri Lanka, state-owned China Merchants Port Holdings has withdrawn from a $392 million joint venture for a logistics hub at the Colombo port. In 2023, China Merchants Group announced its decision to…
Read More “China pulls out of key investment in Sri Lanka port logistics venture” »