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China pulls out of key investment in Sri Lanka port logistics venture

Source: The Hindu
Category: General
Region: Sri Lanka
Published: October 19, 2026 at 15:09

πŸ“ Summary

When China Merchants pledged the investment in 2023, it was touted as the β€œfirst major Foreign Direct Investment” to enter Sri Lanka after the country defaulted on its foreign debt the previous year amid a crushing economic crisis

πŸ”— Read Full Article at The Hindu ✨ Extract Article
🏷️ Keywords:
investment china lanka foreign pulls port logistics venture when merchants

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