COLOMBO (Reuters) - Sri Lanka's government on Friday agreed a new version of its $1.4 billion (1.08 billion pounds) real estate agreement with China after changing the terms and blocking the outright sale of land - part of a project covering a square mile right next to the capital's port.
Since coming to power in January 2015, President Maithripala Sirisena's administration has suspended most Chinese infrastructure projects that, it says, were badly priced and financed on onerous terms harmful to the national interest.