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an egotistical president, an influx of foreign cash, and a massive pile of debt led to sri lanka handing over an entire port to china in december 2017, on a century long lease.
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colombo: china vowed thursday to keep providing financial help, including loans, to sri lanka under its massive "belt and road" infrastructure plan despite warnings about the island nation's debt mountain.
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clashes erupt in southern sri lanka over plans to evict villagers to allow china to build a port.
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chinese president xi jinping has offered sri lanka a fresh grant of 2 billion yuan ($295 million), as beijing looks to expand its influence in
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china has control of a territory just a few hundred miles off the shores of a rival, india, and a strategic foothold along a critical commercial waterway. every time sri lanka's president, mahinda rajapaksa, turned to his chinese allies for loans and assistance with an ambitious port project, the
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new york times restates washington's anti china agenda in sri lanka by wasantha rupasinghe 29 june 2018 on june 25, the new york times published a lengthy front page article entitled "how china got sri lanka to cough up a port."
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china merchants port holdings has made a $584 million payment as part of a $1.12 billion deal to operate sri lanka's deep sea hambantota port, a
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china's acquisition of sri lanka's hambantota port has raised concerns that china is using a "debt trap" to gain influence around the world.
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sri lanka the latest victim of china's debt trap diplomacy in its relationships with smaller countries like sri lanka, china is replicating the practices used
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in the final months of sri lanka's 2015 election, china's ambassador broke with diplomatic norms and lobbied voters, even caddies at colombo's premier golf
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china has withheld the hambantota port deal's final tranche of usd 585 million to sri lanka due to colombo's objection over its plan to use a man made island for entertainment purposes, a media report said in colombo today.
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· critics of china's one belt one road program say doing business with beijing could send developing nations into staggering debt, leading them to cede sovereignty over infrastructure to china
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china and india have brought their geopolitical competition to the ports of sri lanka and raised social unrest risks locally in the process.
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in the final months of sri lanka's 2015 election, china's ambassador broke with diplomatic norms and lobbied voters, even caddies at colombo's premier golf
Get Priceooda loop china's "debt trap" in sri lanka and beyond
china's financial practices in sri lanka have created a deteriorating debt balance approaching of gdp. along with sri lanka, eight other nations are projected to fall into a "vulnerable" debt situation with china, according
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