India Bests China in Sri Lanka Power Politics
In massive economic crisis, Delhi emerges as the big winner
By: Salman Rafi Sheikh
With Sri Lanka’s foreign reserves falling below US$1 billion in February-March 2022 and the island nation struggling to muster enough money – US dollars or Sri Lankan rupees – to pay for oil, India sees the crisis as an opportunity to expand its footprint, both by extending credit lines and by securing key investment projects. That…
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