Chinese money flows to Indonesia as Tariff shield

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Chinese investors are considering Indonesia as they sought ways to increase investments at home and avoid Trump’s tariffs. Mira Arifin, Indonesia’s country head at BoA, said there is an agreement allowing Chinese investors to set up businesses easily in Indonesia. Gao Xiaoyu, the founder of PT Yard Zeal, claimed he was swamped by calls from Chinese firms looking to expand or establish operations in Indonesia. She said her industrial land consulting firm was busy with all-day meetings. Abednego P...