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Indonesia plans reduction in Chinese ownership, eyes US IRA tax credits

‘It’s not just about the IRA, but also diversification’

Nathan Richardson
President Jokowi inaugurates PT HLI Green Power in Karawang regency, West Java province, Wednesday, (07/03). (Photo by: PR/Oji)

President Jokowi inaugurates PT HLI Green Power in Karawang regency, West Java province, Wednesday, (07/03). (Photo by: PR/Oji)

Indonesia is juggling its relationships with China and the US. The former provides huge capital to the country's nickel sector, while the latter presents an opportunity in the generous tax breaks available...

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