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Indonesia’s Over-Reliance on China is a Warning for Other Global South Countries
Indonesia thought it was building a future. Instead, it built someone else’s supply chain. Last month, China imposed a 20% anti-dumping tariff on stainless steel from Indonesia, accusing Jakarta of undercutting prices and threatening Chinese producers. The penalty will remain ...
Indonesia’s plans to develop its rare earth resources face a geopolitical dilemma because the fastest way to process them relies on China’s dominant technology and supply chains, even as the United States and its allies are urging Jakarta to reduce dependence on Beijing. Photo by AFRIADI HIKMAL / NURPHOTO / NURPHOTO VIA AFP
Indonesia sits on a geological treasure trove of rare earth minerals, and the government is eager to tap into the wealth they could bring. While it knows how to find, mine, and sell the highly sought-after critical materials, it confronts a geopolitical dilemma: The only ...
Indonesia’s Over-Reliance on China is a Warning for Other Global South Countries
Indonesia thought it was building a future. Instead, it built someone else’s supply chain. Last month, China imposed a 20% anti-dumping tariff on stainless steel from Indonesia, accusing Jakarta of undercutting prices and threatening Chinese producers. The penalty will remain ...