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View all search resultsForeign direct investment (FDI) jumped 63.6 percent annually to Rp 168.9 trillion (US$10.81 billion) in this year’s third quarter, hitting a multi-decade high, but a global economic slowdown casts a dark shadow over next year’s outlook, the government has cautioned.
Japan’s consistent trade deficits and weakened yen may mean Japan can no longer finance large investments in portfolio, development assistance and foreign direct investment (FDI) in other countries, including Indonesia.
China has topped other countries, including the United States, as Indonesia’s biggest trading partner. The East Asian giant is also a perfect fit for the government’s interest in developing Indonesia's downstream nickel industry.
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