Chinese Newsletters

Two Chinese companies invest 900 billion rupiah in Batang industrial zone

Kawasan Industri Terpadu Batang (KITB) has once again attracted global investment totaling Rp 900 billion, mainly from two Chinese companies. The investment was made through the signing of an industrial land use agreement and a commercial space lease agreement,...

Chinese auto brands continue to grow sales in Indonesia

China's electric car giant, BYD, 2024 saw an increase in car sales in the Indonesian market in October from factory to dealer or wholesale level. According to the latest data from the Indonesian Automotive Industry Association (Gaikindo), in October this year BYD...

Chinese brands dominate Indonesia's cell phone market

Indonesia cell phone market grew 11.3% in Q3 2024 along with the Southeast Asia trend, with shipments reaching 8.7 million units, accounting for about 35% in Southeast Asia.Among them, the contribution of cheap $100 - $199 and sub $100 models was large, and the penetration rate of 5G cell phones rose to 2...

Ningde Times invests $1.2 billion to build factory in Indonesia

Chinese battery maker Ningde Times New Energy Technology Co Ltd (CATL) is investing $1.2 billion (about Rp 18.66 trillion) in Indonesia.CATL, through its subsidiary CBL International Development, has entered into an agreement with PT Indonesia ...

Prabowo Witnesses Huawei Boosting Renewable Energy Development in Indonesia

Indonesia's national power company PLN has signed a Memorandum of Understanding (MoU) with two Chinese companies, Huawei and Guotou Power, the signing taking place during President Prabowo's recent visit to China. The MoU aims to help Indonesia realize...

Huayou Cobalt's $5 Billion Deep Dive into Indonesia's Nickel Mining Industry

On October 18, 2024, the factory feeding ceremony of Huayou Cobalt's battery ternary precursor project was successfully held in Widabe Industrial Park, Indonesia. Huayou Cobalt has cumulatively invested nearly $5 billion in Indonesia since 2018, so why is Huayou Cobalt ...

Ningde Times Lays Out $1.18 Billion Battery Plant in Indonesia

On October 16th, under the witness of the Deputy Minister of State Enterprise of Indonesia, Indonesia Battery Group and CBL, a subsidiary of Ningde Times, jointly established a joint venture with an investment of about USD 1.18 billion to build a...

Zhongwei builds $10.5 billion battery industrial park in Indonesia

On October 30, according to Indonesian media reports, China's battery material maker Zhongwei New Material Co, plans to build a $10.5 billion battery industrial park in Indonesia. Magdalena, the Indonesian director of Zhongwei, said that this industrial...

Poor implementation of SNI standards for Indonesian imports highlights problems

Imported products that do not comply with the provisions of the Indonesian National Standard (SNI) are nevertheless allowed to enter the country, as revealed by the head of the Directorate of Standardization and Policy of Industrial Services (Kemenperin) of the Ministry of Industry. The department's standardization agency has a center called Industrial...

32 Chinese tile companies by Indonesia anti-dumping

Indonesia's Finance Minister signed Anti-Dumping Regulation No. 70 of 2024 on October 9, which will impose anti-dumping tariffs on ceramic tile products from China, the regulation was issued on October 14, 10 days after the issuance of the regulation, that is, on October 24, will be officially implemented...
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