India offers $1.9 billion financial aid to Maldives to counter China’s influence

December 17, 2018 9:17 PM

NEW DELHI – India has offered US$1.4 billion (S$1.9 billion) in financial aid to the Maldives for infrastructure development, including its water and sewerage systems, in a move to counter China’s presence in the island nation and ease the pressure on it of its growing Chinese debt.

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