> Cash-strapped Sri Lanka eyes China development / 36GF74B
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Cash-strapped Sri Lanka eyes China development / 36GF74B
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Description
Sri Lanka's economic collapse was partly blamed on struggling high-debt Chinese mega-projects, but candidates in Saturday's presidential election are banking on at least one of them to buck the trend.
All top three candidates -- incumbent President Ranil Wickremesinghe, opposition leader Sajith Premadasa and Marxist leader Anura Kumara Dissanayaka -- are hoping a Chinese-funded real estate "Port City" development will woo much-needed foreign investors. IMAGES AND SOUNDBITES