Belt & Road: China's Indian Ocean push

Debt-laden Sri Lanka's deal to sell its southern port of Hambantota to a Chinese SOE extends China's geopolitical influence in the Indian Ocean.

Belt & Road: China's Indian Ocean push

By investing $1.12 billion in the southern Sri Lankan port of Hambantota, China is looking to create a key staging post as it forges ahead with its Belt and Road masterplan to better connect the Middle Kingdom with Europe and Africa. 

Occupying a prime location, the city could help with the transit of goods to and from China’s eastern coast or inland city of Kunming via Myanmar.

But, in an uncanny...

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