Maldives says China is building projects at inflated prices

FILE PHOTO: Construction workers work at a site as the China-funded Sinamale bridge is seen in Male, Maldives September 18, 2018. REUTERS/Ashwa Faheem/File Photo

NEW DELHI (Reuters) – Maldives’ new finance minister said on Monday that China is executing infrastructure projects at vastly higher prices than originally proposed but the island nation cannot get out of its commitments now. President Ibrahim Mohamed Solih’s administration, which took office this month, is reviewing contracts awarded by his predecessor Abdulla Yameen. Most […]

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