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Sri Lanka Seeks New Funding Sources in Shift Away From Ally China

Sri Lanka is seeking cheaper funding sources to replace billions of dollars in debt from Chinese banks, government officials said, as the six-month-old government distances itself from Beijing weeks before a general election. The government is seeking to consolidate its power in the August 17 vote after reformer Maithripala Sirisena was elected president in January. The pro-China leader he ousted - Mahinda Rajapaksa - is staging a comeback bid. Sirisena had suspended most...

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