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flag Sri Lanka faces financial crisis over alleged under-declaration of taxes on BYD electric vehicles.

flag Sri Lanka faces a potential financial crisis over an alleged tax under-declaration for BYD electric vehicles, potentially costing billions. flag The scandal threatens investor confidence and Sri Lanka's economic recovery, with nearly 1,000 BYD cars detained in Colombo Port. flag This highlights risks in economic engagement with Chinese firms, underlining the need for transparency and proper regulation to avoid reputational and financial losses.

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