Country: Indonesia
Related Posts
Indonesia Rejects U.S. Bid to Ban Chinese Ships in Tariff Talks
Indonesia Rejects U.S. Bid and pressing U.S. trade officials to allow the use of Chinese-flagged or China-built ships for its Washington-bound exports, warning that it “don’t want to give in to all their demands” as the two sides finalize a 19% tariff deal, senior officials said. ...
China Signals Support for Indonesia HSR; Debt Under Review
China said it is ready to help keep Indonesia’s Jakarta–Bandung high-speed line running smoothly as Jakarta opens talks to restructure project loans. In Beijing on Monday, Foreign Ministry spokesperson Guo Jiakun emphasize that when evaluating high-speed rail projects, Indonesia and China ...
Indonesian J-10C Plan: Interoperability and Strategic Independence
The Indonesian J-10C plan has sparked a broader debate about how Jakarta maintains its strategic independence while ensuring all systems are aligned and interoperating smoothly. The rumor started with a line that sounded casual enough: Indonesia’s new Chinese-made J-10C fighter ...
Indonesia Confirmed 42 Chinese J-10C Jets Buy in $9 Billion Deal
Indonesia confirmed the purchase of 42 Chinese-made J-10C “Vigorous Dragon” fighter jets, ending months of speculation about the deal. “They will be flying over Jakarta soon,” Defense Minister Sjafrie Sjamsoeddin said Wednesday at the ministry’s headquarters, announcing the agreement reached ...
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 ...
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 ...