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China's new deal with Sri Lanka: Should it worry India?
Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI. Sinopec's refinery deal competes with India's strategic interests in Sri Lanka's energy market. Sri Lanka balances interests between the two nations amidst economic challenges caused by debt, including Chinese loans.
Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI. Sinopec's refinery deal competes with India's strategic interests in Sri Lanka's energy market. Sri Lanka balances interests between the two nations amidst economic challenges caused by debt, including Chinese loans.
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