Chinese financing dovetails with Indonesian developmentalism

The Indonesia–China relationship has attained new dimensions over the past few years. The recent opening of the Jakarta–Bandung high speed rail (HSR)—a joint venture between Chinese and Indonesian state-owned enterprises—marks a significant milestone in bilateral relations. The big-ticket project has overcome dissent to be embraced as an item of national pride. Indonesian

The cost of owing money

By ERWIN CHLANDA The current Budget Mid Year Report raises the question: How can the NT have a debt of more than nine billion dollars and still boast a balanced Budget? No worries. You just send 12% of the Budget to banks, wherever in the world they may be, to service loans. Best guess it […]