US invests US$553 million in Adani’s Sri Lanka port to curb China’s influence
www.scmp.com
The deepwater West Container Terminal in Colombo is the US government agency’s largest infrastructure investment in Asia, and among its biggest globally.
  • zerfuffle@lemmy.ml
    7·
    1 year ago

    Isn’t this the port terminal that India’s Adani group now has a majority stake in?

    Classic “combatting Chinese influence” by pushing it straight into the arms of another foreign power.

      • zerfuffle@lemmy.ml
        1·
        1 year ago

        This isn’t really combating foreign influence, though? It’s just swapping one owner for another…

        Except in Adani’s case, there was never any hope of Sri Lanka owning the port.