India looking for alternative for long-term funding in Sri Lanka to counter China

|Up to date: Dec 28, 2022, 10:40 PM IST

As Sri Lanka closes in on a $2.9 billion mortgage deal from the Worldwide Financial Fund (IMF) and its financial system stabilises, India is looking for to land bold long-term investments, with an eye fixed on countering the affect of regional rival China. India looking for alternative for long-term funding in Sri Lanka to counter China.