To be honest the Japanese overpromise and can't provide the necessary fund needed to foresee all project and also they're very selective in their investment they want quick return, so yes back to the drawing board and begging bowl and the Chinese had wise up and are being selective as well. From my perspective among ASEAN countries, Indonesia is China number 1 priority follow by Thailand, Laos, Cambodia and Myanmar, the rest are afterthought, good enough to have a friendly relationship.
Indonesia is ASEAN's powerhouse. Control of Indonesia automatically translates to control of ASEAN
They were BUT after Joko Widodo assume office, he pivoted to China and China respond positively, you see Indonesia occupy a very strategic location, some geopolitical pundits say its the Philippine BUT with the advent of Chinese Hypersonic and tactical missile those advantages had become a liability. In this hybrid war the only way to defeat the Collective West is bring the fight to them, a strong Indonesia will check Australia, a stable NK will nullify SK, the Russian and China alliances will box in Japan. I hope you see what I'm getting at the global south need to be strengthen cause this fight will be a mano en mano between the US and China and the rest are side show.
Correct and check the sea routes, with Indonesia being neutral who will implement the Malacca strait blockade unless the US want to violate its sovereignty. So arming and making Indonesia rich is China priority with side bonus of 200 million consumer.
I think they want to start doing more trades with Brazil in RMB. And have more Latin American countries invest in RMB assets.
They're a top candidate to be the next big rising world power, as I recall. Very promising developments.Correct and check the sea routes, with Indonesia being neutral who will implement the Malacca strait blockade unless the US want to violate its sovereignty. So arming and making Indonesia rich is China priority with side bonus of 200 million consumer.