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China Is Increasing Its Share of Southeast Asia's Infrastructure Pie
Chinese corporations are acquiring major stakes in projects.
Light trails from moving traffic run along a road and bridge at night in Battambang, Cambodia.
Photographer: Brent Lewin/BloombergThis article is for subscribers only.
China has Southeast Asia in its sights.
Companies from the world’s second-biggest economy are increasingly targeting the region for investment, especially into infrastructure. That’s a potential boon for developing economies, which need a massive upgrade of roads, rail, and ports if they are to meet their economic potential. It also comes amid a wider crackdown by regulators in Beijing on outbound investment.