Jakarta as ties with Beijing strengthen, analysts say


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Posted By: newsus June 19, 2021 Updated at 11:11 p. m. ET on 18-06-2021 Ties are strengthening between Indonesia and China as Jakarta balances economic interests with considerations over Beijing’s territorial claims and alleged human rights violations, analysts say. China is the largest investor in Indonesia, yet its investments in Southeast Asia’s largest and most populous country have continued to grow, doubling to nearly $4. 8 billion in 2020 from $2. 4 billion in 2017. “It all turns out to come from China – vaccines, investments – and Mr Luhut has been at the forefront of this,” Indonesian business tycoon...