Last week, we inadvertently titled our story on an agreement for Hambantota port signed between Sri Lanka Ports Authority and a Chinese joint venture as “China gets controlling stake in Hambantota port”. The factual position, which is evident in the story, is that a joint venture comprising of two Chinese State-run companies has secured a [...]

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Last week, we inadvertently titled our story on an agreement for Hambantota port signed between Sri Lanka Ports Authority and a Chinese joint venture as “China gets controlling stake in Hambantota port”. The factual position, which is evident in the story, is that a joint venture comprising of two Chinese State-run companies has secured a controlling stake in a company set up to operate four out of seven berths in phase II of Hambantota port. The headline error is regretted.

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