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low geopoliticsVERIFIED

China pulls out of key investment in Sri Lanka port logistics venture

📍 China, CN·🕐 7d ago·2 outlets

When China Merchants pledged the investment in 2023, it was touted as the “first major Foreign Direct Investment” to enter Sri Lanka after the country defaulted on its foreign debt the previous year amid a crushing economic crisis

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✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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Reliability
94%

Very high · How we score this

Risk Score
low risk