Asia Sentinel

Asia Sentinel

India Bests China in Sri Lanka Power Politics

In massive economic crisis, Delhi emerges as the big winner

Apr 01, 2022
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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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