Scrapping Indonesia's bullet train leaves top investors confused

Models of high speed trains are seen during the China High Speed Railway on Fast Track exhibition in Jakarta, Indonesia, August 13, 2015 in this photo taken by Antara Foto. China has sweetened its bid in a race with Japan to win the construction contract for a high-speed railway connecting Jakarta to the city of Bandung, Indonesia. -REUTERS

* Analysts believed that whoever had won would likely have been the front-runner for future high-speed rail projects in Asia, including one linking Kuala Lumpur and Singapore.

JAKARTA: Indonesia's 11th-hour decision to scrap plans for the nation's first high-speed railway has sown confusion among top investors China and Japan, potentially undermining the strong foreign investment that has been a rare economic bright spot.