The Minister of Investment and Downstreaming who is also the Head of the Investment Coordination Agency (BKPM) of Indonesia, Rosan Roeslani announced that his Country had just received new Investment Commitments worth Usd 7.4 billion from China.
He said that the Commitments are in four different Production Fields, which are:
Polysilicon, the Core Material used in Semiconductors;
Polyethylene Terephthalate (PET), used to make Textile Fibers, Plastic Storage, etc.;
and Electric Vehicles (EV)
The Minister also said that the Chinese Investments in Indonesia reached Usd 7.4 billion just for the Year 2023 alone, and from 2019 to 2024, it was a total of Usd 32.2 billion.
Just remember that Indonesia, like the Philippines, also has Territorial Disputes with China. But unlike the Philippines, Indonesia has refused to be goaded by the United States (US) into antagonizing China.
Meanwhile can the Philippines boast of similar Investments from the US after being a subservient Dog to them? No, the US instead just gets to park their Tomahawk Missiles that can reach China here on our Soil, basically for FREE.
What have the US given us in exchange for that? A bunch of second-hand, well-used Patrol Boats? A bunch of brand new but tiny Naval Drones? They’re not even giving us our own Tomahawk Missiles, we have to PAY for them despite all of the Things we’ve given them already.
Meanwhile, not just Chinese, but American Companies are also investing in Indonesia instead of the US’ Dog, the Philippines … LOL. Hay, naku, Pilipinas …
Here is the Link to the Article at the “Vietnam+” Website: https://en.vietnamplus.vn/indonesia-secures-74-bln-usd-new-investments-from-china-post307137.vnp
SOURCE: Indonesia secures 7.4 bln USD new Investments from China {Archived Link}