Indonesia’s booming coal capital spared …

BALIKPAPAN, Indonesia (Reuters) – The global economic slowdown that has battered the resource sector this year has spared Indonesia’s coal capital Balikpapan, which is forging ahead with a recession-defying infrastructure upgrade, partly funded by China. Once a sleepy fishing village, Balikpapan now has facilities to rival the capital Jakarta, largely due to the commodity boom of the past decade …
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