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As Indonesia Seeks to Restructure Rail Debt, China May Use Talks to Broaden Yuan’s Global Role
Indonesian debt talks with Chinese creditors over restructuring $7.3 billion of loans used to build the Southeast Asian country's high-speed railway are on track, according to sources on both sides, but there are some confusing signals emanating from the negotiations. Luhut ...
Fishermen conduct abalone management and protection operations at sea in the waters of Xiaocheng Town, Lianjiang County, Fuzhou City, Fujian Province, China, on March 14, 2026. (Photo by Costfoto/NurPhoto) (Photo by CFOTO / NurPhoto / NurPhoto via AFP)
"China's financial commitments are simply more tangible and easier to grasp than those of Europe," one delegate from an island state remarked to me on a bright spring day in late March, as we both gazed out at the East River from the United Nations Headquarters. Behind us, in airless ...
As Indonesia Seeks to Restructure Rail Debt, China May Use Talks to Broaden Yuan’s Global Role
Indonesian debt talks with Chinese creditors over restructuring $7.3 billion of loans used to build the Southeast Asian country's high-speed railway are on track, according to sources on both sides, but there are some confusing signals emanating from the negotiations. Luhut ...