Country: Indonesia
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Indonesia, China Agree to Bolster Ties Ahead of ASEAN Summit
Chinese Premier Li Qiang warned on Sunday that the rise of "unilateralism and protectionism" could threaten the global economic and trade order, as he reaffirmed Beijing's ties with Jakarta on Sunday during his visit to Indonesia ahead of a regional summit in Kuala Lumpur. ...
U.S. Tariff Tensions Test Southeast Asian Leaders at Regional Summit
By Jan Hennop in Kuala Lumpur and Martin Abbugao in Singapore Southeast Asian leaders will express deep concern over U.S. President Donald Trump's tariff blitz when they meet at a summit Monday, warning that the unilateral move poses huge challenges to ...
China and ASEAN Finalize Free Trade Agreement Third Upgrade
China and the Association of Southeast Asian Nations (ASEAN) have concluded negotiations on the upgraded China–ASEAN Free Trade Area (CAFTA 3.0). The new CAFTA 3.0 deepens regional economic integration by expanding digital trade, green development, and cross-border supply chain cooperation commitments. ...
Chinese EV Battery Giant CATL Shares Surge in Hong Kong IPO
Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest EV battery manufacturer, saw its shares surge more than 16% during its debut on the Hong Kong Stock Exchange on Tuesday, following a $4.6 billion initial public offering (IPO). The listing ...
Critical Mineral Resource Nationalism: What It Means for China and the Global South
Driven by the accelerating global energy transition, resource-rich countries are actively asserting greater control over their critical minerals—lithium, cobalt, nickel, graphite, and rare earths—through a policy shift known as resource nationalism. While the framing of resource nationalism came from global north countries that dislike policies by ...
Chinese EV BYD Dethroned Toyota in Singapore 2025 Car Sales, Signals EV Shift
Chinese electric vehicle giant BYD has become the best-selling car brand in Singapore for the first time, surpassing Toyota and far outselling Tesla in the first four months of 2025, according to newly released government data. The milestone marks a significant ...
Chinese EV BYD Dethroned Toyota in Singapore 2025 Car Sales, Signals EV Shift
Chinese electric vehicle giant BYD has become the best-selling car brand in Singapore for the first time, surpassing Toyota and far outselling Tesla in the first four months of 2025, according to newly released government data. The milestone marks a significant ...
China’s Global Power Plant Investment is Shifting—But Will the Scale Follow?
By Diego Morro In a recent virtual meeting with world leaders on Climate and the Just Transition, Chinese leader Xi Jinping stated that China will not slow its climate efforts or reduce support for international cooperation. This builds on his ...
Chinese EV BYD Surges in Indonesia With Record EV Imports and Soaring Sales
Chinese EV electric vehicle (EV) makers, led by BYD, are accelerating their presence in Indonesia with an import-heavy strategy, challenging legacy brands in the country’s rapidly expanding EV segment. While Japan still dominates the overall market, China’s entry, particularly through fully ...
WEEK IN REVIEW: China’s CATL Seeks $1B Loan for Major Battery Plant in Indonesia
U.S. President Donald Trump said he won’t consider pulling back the 145% trade tariffs imposed on Chinese goods to spur a trade deal. Asked by reporters on Wednesday if he would consider lowering tariffs to get China to the negotiating table, he simply said, “No.” Asked what he ...
WEEK IN REVIEW: China’s CATL Seeks $1B Loan for Major Battery Plant in Indonesia
U.S. President Donald Trump said he won’t consider pulling back the 145% trade tariffs imposed on Chinese goods to spur a trade deal. Asked by reporters on Wednesday if he would consider lowering tariffs to get China to the negotiating table, he simply said, “No.” Asked what he ...
Indonesia Eyes 10 GW Nuclear by 2040, First Contracts in 5 Years: Prabowo Aide
Indonesia is preparing to launch its first nuclear energy program. This landmark shift could redefine Southeast Asia’s clean energy trajectory or expose the country to new geopolitical and environmental risks. The plan, unveiled by President Prabowo Subianto’s energy envoy Hashim ...