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House Panel Raises Alarm Over China's Belt and Road Initiative

House Panel Raises Alarm Over China's Belt and Road Initiative
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Adani Plots Expansion of Overseas Port Empire After US Funding

(Bloomberg) Standing before Sri Lankan officials and US diplomats in a five-star hotel in Colombo last week, Karan Adani boasted that a newly inked $553 million US government financing deal toward a port terminal being developed by his family’s conglomerate was a “reaffirmation by the international community.”Most Read from BloombergBiden Has Wiped Away $127 Billion in Student Loan DebtAn Opioid-Like Drink Is Masquerading As a Wholesome Alcohol AlternativeXi Jinping’s ‘Old Friends’ from Iowa

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Adani plans expansion of port empire after $538 mn deal with US govt

Adani plans expansion of port empire after $538 mn deal with US govt
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Buoyed by US funding, Adani eyes overseas port expansion to counter China's maritime influence in the Indian Ocean

Buoyed by US funding, Adani eyes overseas port expansion to counter China's maritime influence in the Indian Ocean
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Adani plots expansion of overseas port empire after US funding

The announcement marked a welcome reprieve for India’s Adani Group following a damaging short-seller attack and a number of corporate fraud allegations leveled against it this year.

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