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Saturday, February 28, 2015

Lanka decides to consult China

Type 039 (Song) class SSKSri Lanka will not make any decision on Chinese projects it is reviewing until it consults China, Sri Lanka’s foreign minister said on Friday, pledging that his new government would welcome Chinese investors, the Reuters news agency reported.

President Maithripala Sirisena has unnerved China with his re-examination of certain projects that China has invested in, including a $1.5 billion “port city” project in Colombo.

India, which lost out to China in infrastructure development on the Indian Ocean island, was in particular worried about the security threat posed by Chinese ownership of land, aggravated by the docking of Chinese submarines in Colombo last year.

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