And Sri Lanka is back in China's sights. According to the China Global Investment Tracker, sponsored by the American Enterprise Institute, China's investment in Sri Lanka from 2005 to this year totalled US$14.87 billion (S$20 billion). Chalk up Sri Lanka as a win in China's One Belt, One Road initiative to rebuild the Silk Road. China's lucrative embrace, however, is proving a stormy one for Sri Lanka as it seeks to rebuild after decades of civil war. China's growing presence in Sri Lanka is proving to be very uncomfortable for New Delhi, prompting investment plans of its own on the island.

Source: Sunday Times October 16, 2017 08:37 UTC