JAKARTA -- China and South Korea have rapidly accelerated investment into Indonesia, official data shows, while Japan recedes as a source of capital for Southeast Asia's biggest economy.
Economy
Indonesia's investment race shaken up by China as Japan fades
South Korea also gains, with EV batteries seen as next FDI magnet
A nickel smelter in Indonesia: The mineral-rich Southeast Asian nation is attracting Chinese investment. © Reuters
Read Next
Latest on Economy
