China may be looking to engage the West, at least the non-US part of it, for a range of economic, political and security reasons.
JAKARTA -- China's automaker BYD launched its premium brand DENZA on Wednesday to expand its presence in Indonesia's upscale automotive market. "This year, BYD will bring more new models to Indonesia," said Liu Xueliang, general manager of BYD Asia-Pacific auto sales division, during the launch event in Jakarta.
China's top electric vehicle maker BYD aims to complete its $1 billion plant in Indonesia at the end of 2025, the head of its local unit said on Monday, underscoring the firm's ambition to dominate in the market where Japanese automakers are popular.
The project signals Tokyo's desire for wider security ties in the region and Jakarta's aim for more joint weapon developments, analysts say In a move that analysts see as emblematic of Tokyo's shift towards broader security alliances - and Jakarta's quest to bolster its maritime defences - Japan and Indonesia are on the cusp of a landmark
Jakarta’s negotiations to acquire the BrahMos supersonic cruise missile from India have gained momentum ahead of president Prabowo Subianto’s visit as the Republic Day chief guest
According to Defense Ministry’s spokesperson Frega Ferdinand Wenas, both ministers discussed the possibility of striking a military technology transfer deal. Last November, Indonesia and close neighbor Australia held joint military drills after the two nations inked a treaty-level defense pact.
Japan and Indonesia have pledged to deepen economic and defense ties during a visit by the Japanese prime minister
BRICS members are expecting Indonesia to play a significant role in the grouping and China supports this new member from Southeast Asia, according to a forum in Jakarta.
China and Hong Kong stocks weakened on Wednesday after US President Donald Trump hinted at potential new tariffs on Chinese imports, ending a brief reprieve for the markets.
With billions of dollars in Chinese pledges and regulatory reforms, Jakarta is betting big on solar – with a weather eye on US trade policy.
Indonesian Foreign Affairs Minister Sugiono, in his annual address on Jan. 10, cites lack of respect for international law and UN Charter, saying global economic architecture does not meet modern chal
Asian equities mostly rose Thursday, cheered by another tech-fueled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.