How Indonesia’s election will shift cosy China relationship


Key Topics in this News Article:

News Snapshot:

The three candidates to become Indonesia’s next president – Defence Minister Prabowo Subianto and former provincial governors Anies Baswedan and Ganjar Pranowo – all know they need foreign investment if the country is to continue to grow its economy at the 5 per cent-plus rate it needs to get to the much sought-after high-income status. In the past decade, Jokowi has built roads, ports, industrial parks, begun constructing a new capital city, and turbocharged nickel exports with his controversial downstreaming policy. Chinese investors have been in lockstep all the way with projects dotted around the Indonesian archipelago. There’s a lot...