Trouble Inventing Paradise: Major Chinese Development Bank Faces Inflection Point as Concerns Mount Over ‘New Bali’ Project ...Middle East

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Trouble Inventing Paradise: Major Chinese Development Bank Faces Inflection Point as Concerns Mount Over ‘New Bali’ Project
Suspense, fueled by deafening engine roars, filled the air at the motorcycle Grand Prix as riders whizzed through a sprawling beachside racetrack—a landmark that has sprung up in Mandalika, a coastal enclave on Indonesia’s Lombok island. As part of a campaign to create “new Balis” across the Southeast Asian nation, once sleepy fishing villages like Mandalika’s have over the last several years given way to swanky collections of chain hotels, beach bars, and world-class attractions like the Mandalika International Street Circuit. [time-brightcove not-tgx=”true”] But as over 100,000 spectators showed up for the now-annual three-day racing event in October, few were aware of a differ

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