{"id":802708,"date":"2026-05-17T11:20:24","date_gmt":"2026-05-17T11:20:24","guid":{"rendered":"https:\/\/www.europesays.com\/us\/802708\/"},"modified":"2026-05-17T11:20:24","modified_gmt":"2026-05-17T11:20:24","slug":"indonesia-pushes-back-after-chinese-business-group-complains-tougher-rules-hurt-investors","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/802708\/","title":{"rendered":"Indonesia pushes back after Chinese business group complains tougher rules hurt investors"},"content":{"rendered":"<p>Chinese businesses in <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/indonesia?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Indonesia<\/a> have issued an unusually blunt warning to President <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/prabowo-subianto?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Prabowo Subianto<\/a> that a wave of tougher rules is hurting investor confidence, exposing growing tension between Jakarta\u2019s push for control of the <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/commodities?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">resources sector<\/a> and foreign capital that has helped power the country\u2019s nickel boom.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Several ministers in Jakarta have pushed back, saying Indonesia must prioritise sovereignty over its natural resources, while stressing the government remains open to dialogue and has postponed some planned increases in mining taxes and royalties.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The China Chamber of Commerce in Indonesia raised its concerns in a letter to Prabowo listing six main issues it said were hampering foreign investment: sharp tax and levy increases, planned mandatory foreign exchange retention requirements, reduced nickel ore quotas, excessive forestry law enforcement, suspension of major projects and increased scrutiny of work visas.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Established in 2005, the chamber has over 260 members from diverse sectors, including energy, minerals, transport, finance, insurance, electronic information, machinery, chemical, contracting and trade, according to its website.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cLaw enforcement standards in taxation, environmental protection, forestry and other areas are opaque and grant excessive discretionary power,\u201d said the undated and unsigned letter in English, which was seen by This Week in Asia.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cMeanwhile, when enterprises encounter difficulties, normal appeal channels are blocked, relevant departments shirk responsibilities and delay responses, and some issues can only be resolved through third-party intermediaries charging exorbitant fees.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThese circumstances not only increase operational risks for enterprises but also severely damage Indonesia\u2019s fair, transparent and rules-based business environment and international profile.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Chinese businesses in Indonesia have issued an unusually blunt warning to President Prabowo Subianto that a wave of&hellip;\n","protected":false},"author":3,"featured_media":802709,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[326805,64,326804,22165,79,326806,9996,137693,235903,23134,67,132,68],"class_list":["post-802708","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bahlil-lahadalia","tag-business","tag-china-chamber-of-commerce-in-indonesia","tag-chinese","tag-economy","tag-energy-and-mineral-resources-minister","tag-indonesia","tag-jakarta","tag-purbaya-yudhi-sadewa","tag-singapore","tag-united-states","tag-unitedstates","tag-us"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116589653406405588","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/802708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=802708"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/802708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/802709"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=802708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=802708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=802708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}