In a letter to Indonesia President Prabowo Subianto, Chinese businesses said policy shifts on mining, export earnings and enforcement have raised costs and uncertainty.
Asia
Indonesia’s finance minister Purbaya seeks to defend country’s policies after complaint by Chinese firms
In a letter to Indonesia President Prabowo Subianto, Chinese businesses said policy shifts on mining, export earnings and enforcement have raised costs and uncertainty.
Indonesia Finance Minister Purbaya Yudhi Sadewa said Jakarta would prioritise national control over its minerals, including in planned changes to mining royalties. (Photo: Reuters/Willy Kurniawan)
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