How China got Sri Lanka to cough up a port

June 26, 2018 13:26

Over years of construction and renegotiation with China Harbor Engineering Company, one of Beijing's largest state-owned enterprises, the Hambantota Port Development Project distinguished itself mostly by failing, as predicted. With tens of thousands of ships passing by along one of the world's busiest shipping lanes, the port drew only 34 ships in 2012.

And then the port became China's.

Read the report here.

« Back to LIVE

TOP STORIES

Kejriwal's aide Bibhav Kumar arrested in Swati Maliwal 'assault' case

Bibhav Kumar was produced before Metropolitan Magistrate Gaurav Goyal who sent him to five-day police custody after the police sought his remand to question him about the incident and to retrieve data from his phone.

Back to back terror attacks in J-K: Ex-sarpanch killed, tourist couple shot at

Terrorists struck at two places in Kashmir on Saturday night, killing a former sarpanch in Shopian and injuring a tourist couple from Rajasthan in Anantnag, two days ahead of Lok Sabha elections in Baramulla.

I dedicate my man of the match award to Dayal: Faf du Plessis

Pacer Yash Dayal kept his cool in a tense final over to seal a 27-run win against Chennai Super Kings and send RCB through to the play-offs.

IPL PIX: Spirited RCB knock out CSK; qualify for play-offs!

A spirited performance from their bowlers saw Royal Challengers Bengaluru outclass Chennai Super Kings by 27 runs to qualify for the play-offs.

Banking industry doyen N Vaghul dies at 88

Veteran banker N Vaghul, who led the transformation of ICICI into a private sector lender, died on Saturday afternoon due to health complications. He was 88. Vaghul took over the reins of ICICI, then a public finance institution, in...