Ties are growing between Indonesia and China on the back of increasing investment and trade. Still, analysts say these will not develop further at the expense of Jakarta’s relations with other powers or its sovereign interests in the South China Sea.
Indonesia is as open to working with the United States as it is with China or Japan as long as it benefits the country, Rizal Sukma, a former Indonesian ambassador to Britain, said in dismissing the perception that Jakarta has swung toward Beijing.
China is not yet the biggest investor in Indonesia. Still, its investments in Southeast Asia’s largest and most populous country have grown consistently, nearly doubling to $4.8 billion in 2020 from $2.4 billion in 2017.
According to the Ministry of Investment, China’s investments are mostly in Indonesia’s transportation, industry, and tourism sectors.
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