China steps up regional Asian investment to counter US influence
Singapore | China is investing billions of dollars in trophy development projects across Asia, including Indonesia’s new capital Nusantara, as part of its campaign for greater influence in the contested region.
As Beijing’s Belt and Road Initiative (BRI) infrastructure funding program enters its second decade, the focus has shifted to East Asia, according to an analysis by the Green Finance & Development Centre at Fanhai International School of Finance, Fudan University, Shanghai.
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