Current Affairs - International - Discussion
Discussion Forum : International - Latest Current Affairs (Q.No. 5435)
5435.
Which Country is to lend a loan of $1 billion to Beijing?
Answer: Option
Explanation:
China is to sign a $1 billion concessional loan agreement with Beijing. The agreement is to fund a major highway project linking Colombo to Kandy. The construction of the first phase of the road has been delayed for more than two years due to a lack of funding. Last year Sri Lanka has handed over a strategic port to a Chinese firm for a 99-year lease.
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