China infra projects in focus as crisis worsens in Sri Lanka
An airport without planes, a revolving restaurant with no diners, a debt-laden seaport — Sri Lanka’s economic crisis has been exacerbated by Chinese-funded projects that stand as neglected monuments to government extravagance. The South Asian island nation borrowed heavily to plug years of budget shortfalls and trade deficits, but squandered huge sums on ill-considered infrastructure […]
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