Economics
China No Match for Japan in Southeast Asia Infrastructure Race
- Japan has pending infrastructure projects worth $367 billion
- Vietnam is major focus of Japan’s investment in region
A bridge stands under construction in Vietnam.
Photographer: Yen Duong/BloombergThis article is for subscribers only.
Japan is still winning the Southeast Asia infrastructure race against China, with pending projects worth almost one and a half times its rival, according to the latest data from Fitch Solutions.
Japanese-backed projects in the region’s six biggest economies -- Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam -- are valued at $367 billion, the figures show. China’s tally is $255 billion.