Analyst Dan McClory on China-Indonesia economic ties

Global Business

One place relying on Chinese investment is Indonesia. Southeast Asia’s largest economy has been struggling, missing most of its economic targets set for 2015.

Indonesia is now banking on infrastructure development and foreign investment to get its economy back on track.

One step in that direction is a high-speed railway, funded mostly by China. The multi-billion dollar project would turn a 3 hour train ride from Jakarta to Bandung to only 40 minutes, but the project has hit several snags only weeks after its ceremonial groundbreaking. The railway is supposed to be operational by 2019.

For more on relations between China and Indonesia, CCTV America’s Michelle Makori spoke to Dan McClory. He’s the Managing Director of Bonwick Capital Partners.

Analyst Dan McClory on China-Indonesia economic ties

One place relying on Chinese investment is Indonesia. Southeast Asia's largest economy has been struggling, missing most of its economic targets set for 2015.Indonesia is now banking on infrastructure development and foreign investment to get its economy back on track. One step in that direction is a high-speed railway, funded mostly by China. The multi-billion dollar project would turn a 3 hour train ride from Jakarta to Bandung to only 40 minutes, but the project has hit several snags only weeks after its ceremonial groundbreaking. The railway is supposed to be operational by 2019. For more on relations between China and Indonesia, CCTV America's Michelle Makori spoke to Dan McClory. He's the Managing Director of Bonwick Capital Partners.