Chinese firm invests $2 billion in nickel smelting project
2025 China (Guangdong) - ASEAN Trade Promotion and Supply Chain Cooperation Mechanism Construction Matchmaking and Exchange Meeting was held earlier in Guangzhou, during which Guangxin Group signed the Indonesia Guangqing Nickel and Cobalt Wet Smelting Project. The new project is jointly developed by Guangxin Group and Castle Peak Industrial...
Chinese firms invest 649 billion dong in textile factories
The Deputy Minister of Industry has announced that Chinese-owned PT Xinhai Knitting Indonesia and H&M have invested 649 billion rupiah (about $40 million) to build a textile and textile products (TPT) factory in Central Java. The factory covers an area of 8...
Chinese and Indian companies collaborate to develop the automotive charging sector
ZD Energy and Indonesia's Indomobil Group formally established a joint venture, and the senior leadership team of both parties attended the signing ceremony, marking a key step in ZD's globalization strategy in the Southeast Asian market.Indomobil Group...
Indonesian Ambassador Encourages Chinese Companies to Invest in Indonesia
Chinese investment in Indonesia in various fields is growing exponentially every year, reaching $8.1 billion in 2024, compared to about $800 million in 2014, said Indonesian Ambassador to China Zhou Hao Li, who recently attended an event of the Chinese Enterprises Going Overseas Forum. China is Indonesia's most...
Chinese automobile brands have set up their presence in Indonesia
Indonesia, as Southeast Asia's top automotive market, with vehicle sales of 866,000 units in 2024, down 13.91 TP3T year-on-year; a population of more than 280 million, with a large young population and high consumption potential, is Southeast Asia's second-largest automotive producer. The government has made electric vehicles...
Chinese enterprises layout development of Indonesia's aluminum downstream industry
The Ministry of Energy and Mineral Resources has said that a number of Chinese companies are beginning to focus on Indonesia's aluminum industry, which is expected to boost the previously stalled downstreaming of bauxite. These Chinese companies have already invested in the downstream bauxite sector, and some of them also plan to...
China's anti-dumping tariffs on Indonesia will affect nickel ore prices
China will officially impose anti-dumping duties of 20.2% on Indonesia's stainless steel billets and hot rolled sheets and other products, the policy will take effect from July 1, 2025, and the validity period will be extended for five years to 2030. This policy not only targets Indonesia, but also includes products from Europe...
Chinese goods transshipment in Indonesia under U.S. scrutiny
The main threat in the current trade dynamics is not only high tariffs, but also possible impediments due to China's transit allegations, according to a researcher in the economics department of the Center for Strategic and International Studies (CSIS). The U.S.-China trade rivalry has shifted from a tariff war to reshaping global supply...
Apple to build production plant in Batam this year
US tech giant Apple will build a factory in Batam this year, which is located in the Tunas Industrial Prima industrial estate. The director of the Batam Enterprise Bureau said the plan to build the factory is ripe and Apple is currently communicating with the park's tenants, pending...
Chinese-funded firms sign over $3 billion in collaboration contracts
Ltd, a subsidiary of China Huadian Science and Technology Group Corporation, and PT Sembada Makmur Sejahtera of Indonesia signed the EPC+OM contract for Nusaraya Project System, with the total amount reaching a record high in overseas contract history. According to...
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