A general view of Colombo Port City construction site, which is backed by Chinese investment is seen, in Colombo, Sri Lanka November 5, 2018. REUTERS/Dinuka Liyanawatte
COLOMBO (Reuters) - Gleaming cranes stretch out on the waterfront in the Sri Lankan capital Colombo as Chinese companies construct a $1.5 billion new commercial district, including hotels, marinas and a motor racing track. They have already built a giant container terminal nearby and a huge port in the south.
Now India, the traditional power in the region, is muscling into port and other projects, pushing back hard against China.
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