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View all search resultsIndonesia should be very certain from the beginning of any business negotiations that we have mastered Chinese law and systems and we know how to communicate with the Chinese government when a violation of the law occurs.
Despite its financial heft, China is struggling to realize some of its bigger development financing commitments, according to a recent study, fueling concerns that the Jakarta-Bandung high-speed railway could be derailed.
It appears that China will be running the Jakarta-Bandung high-speed railway in its first year of commercial operations before gradually transitioning to all-Indonesian staff, though experts caution against rushing to launch the service.
The Chinese ambassador to Indonesia has given an assurance that the recent deadly accident at the construction project of the Jakarta-Bandung high-speed railway (KCJB) is not a reflection of the safety of the future train service.
Already beset by a ballooning budget and missed deadlines, the Jakarta-Bandung high-speed railway project (KCJB) suffers another roadblock as a work train involved with the project careened off the railway, killed two foreign technical workers and injured several others on Sunday evening.
The state-owned railway company will get Rp 3.2 trillion (US$204.1 million) in a state capital injection next month to address the cost overrun issue in the Jakarta-Bandung high-speed railway project, but the Indonesian and Chinese sides involved in the project have yet to reach agreement on the funding gap.
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