Red China

Financial Aid Project in Sri Lanka – Rather Than Give Money, US Secured Financing With Private Loans

This sounds positive. Uses private equity to develop needed infrastructure. COLOMBO, Sri Lanka (AP) — 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. The project, financed with private loans, is billed as providing critical

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