Country: Indonesia
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Indonesia Deepens Ties With China to Grow $3 Trillion Halal Market
Indonesia is strengthening its position as a global center for halal business, a market currently worth $3 trillion and projected to reach $4.5 trillion by 2030. Halal refers to products and practices that comply with Islamic law, including food, pharmaceuticals, cosmetics, and financial services, ensuring they ...
Coffee beans produced by one of the small farmer cooperatives partnered with Brazilian company Raízes do Campo, which markets products including organic and agroecological coffees. In late July, China granted export permits to 183 Brazilian companies, including Raízes do Campo, for coffee (Image: Raízes do Campo)
Since 2018, São Paulo–based businesswoman Carla Guindani has been eyeing the Chinese market. That year, she was invited by ApexBrasil, a Brazilian government agency dedicated to promoting exports, to exhibit family farming products at the Shanghai International Food Exhibition. At the time, Guindani was head of a small farmers’ cooperative called ...
Indonesia Confirmed 42 Chinese J-10C Jets Buy in $9 Billion Deal
Indonesia buys 42 J-10C “Vigorous Dragon” fighter jets from China. “They will be flying over Jakarta soon,” Defense Minister Sjafrie Sjamsoeddin said Wednesday, October 15, 2025, confirming the long-rumored purchase at the ministry’s headquarters in central Jakarta. Sjafrie did not ...
China EVs in Indonesia: Chery Tops September, Local Assembly Rises
The competition among China's EVs in Indonesia tightened in September. Indonesia’s automakers’ association, Gaikindo, announced that Chery tops September, BYD still leads the year, and the contest is shifting from imports to local assembly. Local assembly can cut taxes ...
Indonesia Weighs Dual Strategies With China to Keep Whoosh High-Speed Rail on Track
Indonesia and China are negotiating with China’s economic planner, the NDRC, to address a funding shortfall for the Jakarta–Bandung high-speed rail project, known as "Whoosh." The gap emerged after costs rose by about $1.2 billion, while ticket sales fell short of loan payments.
After Kenya Secures Landmark Railway Debt Deal With China, Indonesia Eyes a Similar Renegotiation
Indonesia's Investment Minister Rosan Roeslani confirmed on Wednesday that talks are underway with Chinese creditors to restructure the $7.3 billion of debt owed by the Sino-Indonesian joint venture that operates the Whoosh high-speed railway. Although the train has been popular with travelers,
Indonesia Suspends TikTok License Over Failure to Share Data
Indonesia's government has suspended the operating licence of video-sharing app TikTok because the platform refused to share data about recent anti-government protests, the Ministry of Communication and Digital Affairs said on Friday. Indonesia has the second-largest audience on TikTok, owned by ...
China Connects Alipay, WeChat to Indonesia’s QR Code QRIS
China’s central bank will enable Indonesia’s QR code standard, QRIS, to link with Alipay and WeChat Pay, a new step in an ongoing pilot with Bank Indonesia (BI). The link would let Indonesians scan the same QR codes to pay at ...
China Tops Indonesia Trade, August Surplus Highest Since 2022
China was Indonesia’s top buyer and top supplier as Indonesia’s goods trade surplus reached $5.49 billion in August. The number is the highest since November 2022, according to the Indonesian statistics agency. Indonesia recorded a $29.14 billion trade surplus ...
Beijing Pushes Palm Oil, Rubber Supply Guarantees from Jakarta
China asked Indonesia to guarantee long-term supplies of crude palm oil (CPO), natural rubber, and edible bird’s nest during bilateral farm talks in Jakarta on Tuesday, Indonesia’s vice minister of agriculture, Sudaryono, said. “Indonesia is open to cooperation in this ...
Geely Starts Assembly in Indonesia as the U.S. and EU Tariffs Rise
Geely, the Chinese carmaker, has begun knock-down (KD) assembly in Indonesia through its unit Geely Auto Indonesia. The work is taking place at a plant in West Java. The company says building locally will shorten delivery times for Indonesian buyers. ...
Beijing Starts Reining In Non-Ferrous Producers, Puts Quality First
China on Sunday announced a two-year plan to tighten control of its non-ferrous metals industry. The policy aims to curb cut-throat competition and shift growth toward higher-value, cleaner production. The plan, issued by the Ministry of Industry and Information Technology, ...
Indonesia Fines TikTok Over Late Tokopedia Acquisition Notice
Indonesia's antitrust agency has fined TikTok $900,000 for failing to notify regulators in time about its acquisition of e-commerce platform Tokopedia, an official said on Monday. TikTok, owned by China's ByteDance, completed an $840 million deal in January 2024 to acquire ...
Indonesia Prepares for Pivotal Talks on Expanding China-Financed ‘Whoosh’ High-Speed Railway
When the Jakarta-Bandung high-speed rail, known as the Whoosh, opened in October 2023, it quickly drew scrutiny. China provided billions in loans, KCIC—the China-Indonesia joint venture operating the line—reported losses, and parent companies like the state-owned PT Kereta Api Indonesia (KAI) absorbed significant deficits. Critics ...