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Sri Lankan game in Africa… China hunted Djibouti, made a big debtor

August 20, 2022
Source: newstimeexpress.com newstimeexpress.com
News Snapshot:
At present, Djibouti has a debt of more than 70 percent of its GDP. Djibouti’s port company PDSA has also been caught in the trap of China. China Merchants Port Holdings Company has a 23.55 percent stake in PDSA. Image Credit source: PTI Indian ocean control and India to lay siege China Been planning for many years. To make its plans successful, China worked by making a long term strategy. China started work on Plan Djibouti six years ago in 2016. In January 2016, China acquired a logistics support base in Djibouti on a 10-year lease. Within a year, China...
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China Tech Buzz Topics: army | BRI | China | Chinese | communication | construction | credit | diplomacy | game | India | Indian | infrastructure | IT | logistics | military | Navy | Railroad | Security | Sri Lanka | strategy | surveillance

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