Until now, China has held a dominant position in the global industrial chain from cathode materials to EV battery manufacturing and vehicle production, supplying nearly half of global core products. But with a major restructuring underway, it will have to tackle rising costs, supply chain shortfalls and the need to tailor resources for different markets.
A recent conflict between Indonesian workers and Chinese workers at a nickel smelter in Indonesia's North Morowali regency brings into focus several issues concerning Chinese investments in Indonesia, poor working environments, and bad treatment of local workers. Authorities must carefully manage the issue of migrant workers and balance national policy goals with local communities' interests.
Malaysian academic Goh Chun Sheng gives his impressions of the Chinese in Borneo, scattered in different communities and integrated into the locales where they live. Identity politics still rears its head, but perhaps we can look forward to the day when new narratives of diversity and integration will be told.
ISEAS academic Leo Suryadinata looks at the Chinese ice cream brand Mixue and the difficulty it faces in getting a halal certificate in Indonesia. What does it say about the power struggle between different interest groups and Indonesia’s processes?
Delivering the keynote address of the ISEAS-Yusof Ishak Institute’s Regional Outlook Forum 2023, Singapore’s former Foreign Minister George Yeo spoke about the ways that ASEAN’s weakness is also a strength in the transition to a multipolar world.
Taking an overview of global megatrends, including rising inflation, changes to business valuation and the race for technological supremacy, Indonesian business magnate Ang Tjoen Ming (Tahir) sieves out opportunities for Indonesia, and ways forward that could see it becoming one of the world’s seven largest economies in the next ten years.
At the G20 Summit held in Bali under the Indonesian G20 presidency, Chinese President Xi Jinping and Indonesian President Joko Widodo showed warmth when witnessing remotely the test run of the Jakarta-Bandung High-Speed Rail and undertaking bilateral talks. However, while economic relations are on a strong and steady track, sovereignty issues in the South China Sea continue to be a thorn in one’s side.
The Jakarta-Bandung railway is a landmark project under China’s Belt and Road Initiative (BRI) as the country expands its presence in Southeast Asia. While there have been delays and challenges, the project looks to be on track. This and other BRI projects in Southeast Asia are seeing competing investments from the US and West.
With all eyes on Indonesia as the G20 chair, the summit concluded successfully as Indonesian President Joko Widodo deftly balanced the demands of the G20 members amid the Russia-Ukraine war, along with a painstakingly crafted joint declaration that addresses the war. ISEAS academic Leo Suryadinata gives us a look at how Indonesia managed to handle the situation while making it clear that the economic summit is not a platform to discuss security.