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Economy

Fear of losing out to rivals spurs Indonesia to rethink FDI rules

Jokowi vows to improve investment environment in his second term

JAKARTA -- Some countries in Southeast Asia are benefiting from the U.S.-China trade war, as nervous manufacturers build new factories or increase production outside China, but Indonesia isn't one.

With foreign direct investment still sluggish, reforms aimed at pulling in such investment will be a major challenge for Indonesian President Joko "Jokowi" Widodo.

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