Chinese firms accelerate as investment in Indonesia soars by $8.2 billion

To avoid high U.S. tariffs, Chinese companies have been planning to expand their business or set up new operations in Indonesia.The U.S. tariffs on Chinese goods exceed 301 TP3T, while the tariffs on goods from Indonesia, Malaysia, the Philippines, and Thailand are 191 TP3T, and 201 TP3T for Vietnam.Chinese companies have a strong interest in investing in Indonesia, with a surge in demand for inquiries and move-ins in industries such as toy manufacturing, textiles, and electric vehicles.Indonesia's large industrial zones, such as Subang Smartpolitan in West Java, which covers more than 2,700 hectares, have received a large number of inquiries from Chinese investors.Indonesia has a huge consumer market, is considered to occupy the Indonesian market is equivalent to mastering half of the market in Southeast Asia, the enterprise is easy to realize 20%-30% net profit margin.