![China’s Sri Lanka Refinery Alarms India – OpEd](https://cdn.newsserve.net/en/knowledge/Sinopec_20190118.jpg)
China’s Sri Lanka Refinery Alarms India – OpEd
In a move that will up alarms in India, China's giant conglomerate Sinopec is entering Sri Lanka's energy market with its inaugural overseas refinery at the Chinese-managed Hambantota port. Sri Lanka approved the $4.5 Bn investment in November.
Doubtlessly, this strategic move flags Sinopec's ambition to offset declining...