Bharatha Mallawarachi

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  • The proposed site for a $553-million project to build a new, deep-water shipping container terminal in the Port of Colombo, Sri Lanka, Wednesday, Nov.8, 2023. The U.S. announced a $553- million project Wednesday to build a new, deep-water shipping container terminal in the Port of Colombo as it competes with China in international development financing. (AP Photo/Eranga Jayawardena)Finance

    U.S. counters China’s Belt and Road with announcement of $553m investment in Sri Lanka port

    By Bharatha Mallawarachi, Didi Tang, and others