JAKARTA -- China became Indonesia's second-biggest source of foreign direct investment in 2017, and officials in Jakarta are saying they expect the Chinese inflows will only continue to swell.
China overtook Japan on the Southeast Asian country's investor list and now trails only Singapore, according to data released on Tuesday by Indonesia's Investment Coordinating Board, known as the BKPM. While the top-ranked city-state poured in $8.4 billion, combined investment from China and Hong Kong surged 12% to $5.5 billion.
