Indonesian anti-graft agency warns of risk of Chinese investment

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

JAKARTA (BLOOMBERG) - Indonesia's anti-corruption agency has warned of the risks of doing business with Chinese firms, while also raising concerns over Beijing's efforts to exert economic influence in the South-east Asian nation.. Read more at straitstimes.com.

JAKARTA - Indonesia's anti-corruption agency has warned of the risks of doing business with Chinese firms, while also raising concerns over Beijing's efforts to exert economic influence in the South-east Asian nation.

At the same time, the comments from the anti-graft agency, known as KPK, point to underlying concerns in Indonesia about Beijing's political and economic ambitions.BALANCING ACT For Indonesian President Joko Widodo, who began a second and final five-year term in October, China presents a tricky balancing act.

Last week, Australian Ambassador to Indonesia Gary Quinlan struck a cautious tone over whether the presence of Chinese telecommunications giant Huawei Technologies Co Ltd in Indonesia would impact intelligence sharing with its northern neighbour. Asked specifically if it would impact on Australia's willingness to share intelligence with Indonesia, he said:"We'll only know that when we know it."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong Airlines given 5 days by government to save companyHONG KONG: Hong Kong Airlines, controlled by cash-strapped Chinese conglomerate HNA Group, must shore up its financial position by Dec 7 or risk ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »