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Unravelling the Belt and Road puzzle in Indonesia

Building infrastructure is President Joko Widodo's priority. China's lending filled a funding gap, but can Indonesia avoid a debt trap? In an unprecedented move, in May 2023 former Indonesian Vice President Jusuf Kalla spoke out against the sitting administration's willingness to let China dominate the Indonesian economy. Kalla claimed that the country's debt had bloated [.] The post Unravelling the Belt and Road puzzle in Indonesia appeared first on 360. ....

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Betting on China's Belt and Road

China's Belt and Road Initiative has transformed the face of Asia, but what might its legacy be? China's trillion dollar infrastructure plan has fuelled its rise to a global superpower, bringing Beijing into closer quarters with nearly every corner of the world. The Belt and Road Initiative has dominated China's economic and diplomatic relationships since [.] The post Betting on China's Belt and Road appeared first on 360. ....

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Presence of Putin, Xi at G20 summit to reflect their defiance against West — media

An international relations lecturer at Gadjah Mada University in Indonesia Nur Rachmat Yuliantoro, assumes "Xi will use this event to state directly Beijing’s position on various political, economic and security issues in the world today" ....

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Chinese FM on Southeast Asian blitz to push Beijing's Global Development Initiative — BenarNews

Wang Yi’s trip comes soon after G7 announces pledge to raise U.S. $600 billion for infrastructure in developing countries. ....

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