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China pulls out of key investment in Sri Lanka port logistics venture

Image: The Hindu. Rights remain with the publisher.

When China Merchants pledged the investment in 2023, it was touted as the “first major Foreign Direct Investment” to enter Sri Lanka after the country defaulted on its foreign debt the previous year amid a crushing economic crisis

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World
First reported by
The Hindu
Published
Monday, 19 October 2026, 8:39 pm IST
Coverage
One outlet so far

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