Competition and Cooperation in the South Pacific

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Managing Director of China Merchants Port Holdings Dr, Bai Jingtao (R) and Chairman of Sri Lanka Ports Authority Dr. Parakrama Dissanayake (2L) exchange documents during the Hambantota International Port Concession Agreement at a signing ceremony in Colombo on July 29, 2017. Sri Lanka entered into a billion-dollar deal with China on July 29 to revive a loss-making, but strategically-placed, harbour after addressing “geo-political” and security concerns, the ports minister announced. / AFP PHOTO / LAKRUWAN WANNIARACHCHI (Photo credit should read LAKRUWAN WANNIARACHCHI/AFP/Getty Images)

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