Business
China building Indonesia into an EV powerhouse – Asia Times
JAKARTA – Chief investment minister Luhut Panjaitan has few concerns about China’s iron grip on Indonesia’s nickel industry as other major investors flock to a…
JAKARTA Chief investment minister Luhut Panjaitan has few concerns about Chinas iron grip on Indonesias nickel industry as other major investors flock to a country with the range of mineral elements needed to turn it into one of the worlds leading producers of lithium batteries and electric cars.
We invited everybody and no-one came, except the Chinese, the minister said in a wide-ranging interview that reflected the retired generals consuming vision of Indonesia as a modern industrialized state….
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