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59 Chinese-funded Furniture Factories Move to Jawa Tengah, Indonesia

2019-11-18 Tag: Indonesia

On November 5, the 15th Jawa Tengah Investment Business Forum was held at the Hotel Bidakara in Jakarta, Indonesia. According to the Indonesia Investment Coordinating Board (BKPM), 59 Chinese-funded furniture factories had moved to Jawa Tengah up to that day. Indonesia will open up more investment opportunities for furniture makers affected by China-US trade war.

 

Capacity shifting to southeast Asia, Indonesia's influence is on the rise.