While pandering to anti-Chinese sentiment domestically president, Xi Jinping, launched the Belt and Road Initiative ( BRI ) in 2013, Indonesia was seen as essential to its success. So much so that he went to Jakarta, its capital, to launch the maritime dimension of his world-girdling programme of infrastructure investments. […] In Pakistan BRI and its local iteration, the China-Pakistan Economic Corridor ( CPEC ), are held up as proof of a relationship “as close as lips and teeth”—even as CPEC goes off the rails. […] In 2015 China beat Japan in the bid for its construction by not insisting on government guarantees for its loans. […] Chinese have been doing business in Indonesia for centuries, and today form a big part of the entrepreneurial class.
Click here to read the full article