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China Souring on Indonesia?
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China Souring on Indonesia?

Our Correspondent
Jul 11, 2013
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China Souring on Indonesia?
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Gandaria City is the largest retail mall amid the growing high rises of south Jakarta, but for many years it stood as a half-finished skeleton. Its Indonesian-Chinese developer, Pakuwon Group, racked up huge debts during the Asian Financial Crisis of 1997 and was unable to complete the project.

Yet soon after making forays into China during the mid-2000…

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