Indonesian Political, Business & Finance News

Archive: 12 September 2024

1 article found

Why Indonesia Should Avoid Chinese Investment in Nusantara

An opinion piece argues that Indonesia should reject Chinese investment in its new capital Nusantara, citing concerns about debt-trap diplomacy modelled on the Belt and Road Initiative, environmental standards inconsistent with the project's sustainability goals, and threats to Indonesia's geopolitical independence. Drawing parallels with Chinese-funded infrastructure projects that have left other nations heavily indebted, the article recommends diversifying investment sources to preserve Indone