South China Morning Post
AsiaPac · 1 hrs ago
✦ 78◉ Centre
Indonesia pushes back after Chinese business group complains tougher rules hurt investors
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AI Analysis
Quality 78/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
Chinese business groups have warned Indonesian President Prabowo Subianto that stricter regulations are damaging investor confidence, reflecting tensions between Jakarta's resource sovereignty goals and foreign investment interests in the country's nickel sector.
Indonesia pushes back after Chinese business group complains tougher rules hurt investors
Chinese businesses in Indonesia have issued an unusually blunt warning to President Prabowo Subianto that a wave of tougher rules is hurting investor confidence, exposing growing tension between Jakarta’s push for control of the resources sector and foreign capital that has helped power the country’s nickel boom.
Several ministers in Jakarta have pushed back, saying Indonesia must prioritise sovereignty over its natural resources, while stressing the government remains open to dialogue and has..
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