Mon, 22 July 2019
High profile land sales to foreigners are putting the government’s lack of progress on land reform in the spotlight just four months before national elections. While the government is not expected to be voted out, the ruling party will face a new challenge from an emerging leftist opposition that may impact succession politics within the ruling party. Meanwhile, the economy will make a tentative recovery this year, as the government seeks more external financing to plug its budget deficit and boost infrastructure development, especially from Chinese lending partners.
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