China steps up regional investment to counter US influence


Source: afr.com afr.com

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“The whole idea of BRI was to fill in the development gap that’s long been neglected by most Western investors with funding for basic infrastructure that Asian nations very much need,” Dr Tjhin said. “The United States has been very active with a narrative to counter the BRI - it started with the Build Back Better program - but many countries in this region doubt there will be any serious improvement in financial support or co-operation,” she added. A housing complex under construction at the country’s new capital Nusantara. Bloomberg The enforcement by the US Securities Exchange Commission of the...