China–Indonesia Launch Investment Fund Plan

China and Indonesia form a sovereign investment alliance to reshape Southeast Asia’s capital flows, launching a China–ASEAN equity fund across key sectors.
Exterior of the headquarters of Indonesia's new Danantara investment fund in Jakarata. Bay ISMOYO / AFP

China and Indonesia launch a sovereign investment alliance, proposing a China–ASEAN fund that may reshape the capital architecture of Southeast Asia, signaling a shift from infrastructure-led debt diplomacy to equity-driven economic realignment.

Indonesia’s newly established sovereign wealth fund, Danantara, has signed a memorandum of understanding with the China Investment Corporation (CIC) to explore joint investment opportunities across Indonesia, ASEAN, and China. 

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.