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China’s Sinopec eyes refinery investment in Sri Lanka amid rising geopolitical concerns

Colombo [Sri Lanka], March 14 (ANI): China’s Sinopec has pledged to invest in Sri Lanka’s southern district of Hambantota at a meeting with the island nation’s president, Ranil Wickremesinghe, the President’s Media Division (PMD) said, Economy Next reported.
The move comes as Beijing seeks to consolidate investments in the island nation’s ports and energy sector amid increasing security concerns raised by the island natio