Sri Lanka

Sri Lanka struggles to build foreign reserves

Apr 4, 2017
Hambantota, Sri Lanka -- A South Korean ship unloads its cargo of cars at a terminal in Hambantota port, providing the only sign of life at Sri Lanka's newest harbor, sited on its southern coast. The rest of this $1.4 billion port, built with a loan from China's Export-Import Bank, sits idle. In some areas, weeds are spreading. Visitors to the port's administrative offices must tiptoe around feral dogs stretched out in front of an empty entrance hall.
 
Read more at: http://asia.nikkei.com/Politics-Economy/Economy/Sri-Lanka-struggles-to-build-foreign-reserves
 
Asian Review, April 4, 2017

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