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Sri Lanka's embrace of China investment heightens regional geopolitical risk

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A worker looks on at the Colombo Port City construction site, which is backed by Chinese investment, Feb. 2.   © Reuters

TOKYO -- Sri Lanka has reversed its earlier decision and decided to allow Chinese investment in a port development project near its capital, Colombo.

     Situated off India's southern tip, Sri Lanka serves as an important stopover on the sea trade route from Asia all the way to the Middle East.    

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