Emirati group DP World filed a lawsuit against China Merchants Port Holdings in the High Court of Hong Kong.
DP World suing China Merchants: a sign of good health for the BRI?
The port of Hambantota operated by “China Merchants”.
On 9 December 2017, Sri Lanka granted a 99-year concession over the commercial activities of the port of Hambantota to the Chinese company “China Merchants”. This acquisition is a new step in the development of the “Belt and Road” initiative.