China, Japan set to sign up to 30 joint ventures in foreign infrastructure markets
Rail superpowers Japan and China are to go ahead with long-discussed moves to cooperate on overseas infrastructure projects, with Thailand’s $5.5bn East Coast scheme under discussion as their debut project. The two sides are to take up the matter when Japanese prime minister Shinzo Abe visits Beijing in October. The expectation is that memorandums of understanding for 20 to 30 projects will be signed, possibly including the Thai economic corridor. Before then, in September, a