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Chinese Foreign Minister Wang Yi was in Sri Lanka on Sunday to discuss Beijing's Belt and Road Initiative (BRI) amid foreign currency and debt crisis in Sri Lanka. Sri Lanka's foreign reserves are down to around $1.6 billion. Sri Lanka also owes China around $3.38 billion for several projects, including a seaport at Hambantota, that has failed to generate revenue.
short by Disha Jana / 10:34 pm on 09 Jan
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