Contemporary Amperex Technology Co Ltd Class AMentioned as major Chinese investor in Indonesia facing friction from higher tariffs and new nickel pricing formula.

China and Indonesia held a 2+2 meeting of foreign and defense ministers in Jakarta on Friday to discuss security, politics, trade, and investment amid tensions in the South China Sea. Chinese Foreign Minister Wang Yi said the two countries should upgrade cooperation amid increasingly complex global challenges, while Indonesian Defense Minister Sjafrie Sjamsoeddin said they plan to increase joint exercises, officer exchanges, and defense industry cooperation. On the economic front, China is a major investor in Indonesia, with Chinese direct investment in the first half of 2026 at about 3.9 billion dollars, but Chinese companies still face friction from higher tariffs and a new nickel pricing formula. Major Chinese investors in Indonesia include CATL, the world's largest electric vehicle battery maker, and Tsingshan Group, a steel producer and smelting operator.
Contemporary Amperex Technology Co Ltd Class AMentioned as major Chinese investor in Indonesia facing friction from higher tariffs and new nickel pricing formula.
Mentioned as major Chinese investor in Indonesia facing friction from higher tariffs and new nickel pricing formula.