A glimpse into Japan’s understated financial heft in South-East Asia
It is a bigger investor in the region’s infrastructure projects than China
VIETNAM’S FIRST two rapid-transit rail lines are inching closer to completion, after years of delays. The projects, one in each of the country’s two largest cities, have become symbols not just of Vietnam’s modernisation, but of the duelling interests of Asia’s two biggest sources of infrastructure investment. Hanoi’s line has been funded by Chinese development assistance; Ho Chi Minh City’s was launched with help from the Japanese government.
This article appeared in the Finance & economics section of the print edition under the headline “A quiet giant”
Finance & economics August 14th 2021
- Will the rich world’s worker deficit last?
- America’s inflation scare becomes less menacing
- India consigns its tax time-machine to the past
- Britain’s regulator makes a play for SPAC listings
- How the delisting of Chinese firms on American exchanges might play out
- A glimpse into Japan’s understated financial heft in South-East Asia
- A new theory suggests that day-to-day trading has lasting effects on stockmarkets
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