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World · India

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

Outlet: The Hindu · Published 19/10/2026 15:09 UTC

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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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Source
https://www.thehindu.com/news/international/china-pulls-out-of-key-investment-in-sri-lanka-port-logistics-venture/article71602799.ece
Published
19/10/2026 15:09 UTC
Captured
19/10/2026 15:47 UTC
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