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Politics

China's Xi offers fresh $295 mln grant to Sri Lanka in push for dominance

Financial district of Colombo is seen as a man runs along a path in front of the China invested Colombo Port City construction site in Colombo.   © Reuters

COLOMBO (Reuters) -- Chinese President Xi Jinping has offered Sri Lanka a fresh grant of 2 billion yuan ($295 million), as Beijing tries to expand its influence in the tiny island country off India's southern tip.

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