China's bank is to establish its South Asian branch in Sri Lanka the country's prime minister, Ranil Wickremesinghe, told parliament on Tuesday.
“China agreed to set up the branch here in Colombo at the proposed financial city,” Mr Wickremesinghe was quoted by the LBO as saying.
“We expect to have discussions about the proposal with China," he said, adding that the proposals could be released before the end of this year.
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