Xi Jinping urges Sri Lanka to work with China to develop controversial Hambantota port

Mar 30, 2021 | INVESTING

Chinese President Xi Jinping has urged Sri Lanka to continue to work with Beijing to develop the controversial Hambantota port.The Indian Ocean shipping hub, which sits along the main waterways of Asia and Europe, was handed over to a Chinese firm on a 99-year lease that prompted accusations of “debt trap diplomacy” from countries such as India and the United States.“China is willing to work with Sri Lanka to steadily promote key projects such as Colombo port city and Hambantota port, boosting…

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