EconomyIndonesia holds talks with US to lure companies from China
But lower labor costs fail to woo tech giants like Apple away from Vietnam
Indonesian President Joko Widodo, left, is seeking to lure U.S. companies looking to diversify production from China. (Nikkei Montage/Source photo by AP and Reuters)
SHOTARO TANI, Nikkei staff writer
JAKARTA -- Indonesia is in talks with the U.S. government over the possible relocation of American companies operating in China to the archipelago, as businesses and governments worldwide look at ways to diversify production in response to supply chain disruptions caused by the coronavirus.