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China firms to invest in Sri Lanka port project
Published Wed, Sep 17, 2014 · 04:00 PM
[SHANGHAI] Two of China's largest port operators and engineering firms have agreed to invest in a US$601 million terminal in Sri Lanka's Hambantota port, part of a series of deals signed during a visit by President Xi Jinping to the island nation.
Keen to establish its presence in the Indian Ocean, China has spent millions of dollars building ports and roads across …
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