Posted inIndonesia

Hidden China debts come to the fore in Indonesia

JAKARTA – Indonesia’s government has been forced to dip into the state budget, something it said it wouldn’t do, to pay for cost overruns on China’s signature Jakarta-Bandung fast-rail project, which continues to be dogged by construction delays and land acquisition issues. Launched in 2015 in the second year of President Joko Widodo’s presidency, the […]

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