Indonesia needs China’s know-how, not just its cash and contracts
Indonesia has long relied on China for significant financial investments, pouring billions into sectors like nickel processing and electric vehicle batteries. However, there's a growing recognition that merely accepting Chinese cash isn't enough; Indonesia needs to leverage China's expertise to boost its own technological and industrial capabilities. This shift is crucial as Indonesia aims to reduce its economic dependency on China and foster sustainable, long-term growth. The new focus on know-how over just financial aid signifies a strategic pivot in Indonesia's economic policy.
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