Indonesia’s plan to build mega railway with China and Japan raises debt trap fears – Asia – South China Morning Post

Indonesia’s plan to build mega railway with China and Japan raises debt trap fears – Asia – South China Morning Post

Read Time:25 Second

Indonesia’s plan to involve Japan and China to build two separate routes for the same railway project has raised debt-trap fears and concerns that Jakarta’s ties with long-time investor Tokyo could weaken, analysts say.Japan was in 2019 granted the project to build a semi-high-speed rail link connecting capital Jakarta to Surabaya in East Java, Indonesia’s second-biggest city, despite lobbying by the state-owned China Railways Construction Corporation.But plans changed last year, with President…Read More

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *