China’s Sri Lanka Refinery Alarms India – OpEd

China’s Sri Lanka Refinery Alarms India – OpEd

Eurasia Review

Published

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...

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