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.

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. 

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media