Sunday, January 08, 2017

99 Year Chinese Lease Of Sri Lankan Port As South-East Asian Colonization Continues

Are concerns over Chinese presence in Sri Lanka valid?

It's a deal that the Sri Lankan government hopes will pay off some of its multi-billion dollar debts to China. A controversial agreement has been signed to lease the port of Hambantota to a Chinese state-owned company for the next 99 years. The Chinese government helped foot the $1.3bn bill for the construction of the redeveloped…