Is Hambantota an unwitting pawn in the new political order?

It was recently announced by China Merchants Port Holdings (CMPH) that it was transferring 23.5% of its 85% shareholding of the Hambantota Industrial Port Group (HIPG). More details can be found here. There are several interesting nuances to this arrangement, particularly as Hambantota has been showcased as the epitome of China’s debt diplomacy. Whilst an …

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