Tycoon Adani pulls request for U.S. loan to finance strategic Sri Lanka port
Briefly

"The blow to the United States is more than symbolic. It is strategic... This really was an initiative that U.S. officials saw as a way to meaningfully counter China's own activities in terms of infrastructure investments in the broader region."
"The loan would have been the U.S. government's largest infrastructure investment in Asia and its first funding of an Adani project, a key aspect of U.S.-India relations."
Read at Washington Post
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