Beijing's move is considered a way to boost its influence in the Indian Ocean

Watch: China to invest $1 billion in Sri Lanka port project

Namal Rajapakse has been remanded into custody for accepting more than $500,000 from an Indian company, police said

Sri Lanka arrests former president Rajapakse's son over money laundering

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Watch: China to invest $1 billion in Sri Lanka port project

Sri Lanka arrests former president Rajapakse's son over money laundering