China's failing white elephant projects in Sri Lanka have lessons for India - ThePrint

Five years after it acquired Hambantota, China is learning cash has bought neither profit nor power in Sri Lanka.

Eleven hundred feet over the Colombo skyline, the giant, hot-pink lotus thrusts out of its green metal stem. Financed with almost $100 million in loans from China, the Nelum Kuluna tower was to be th… [+8421 chars]

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