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Jakarta seeks China funds to boost growth as FDI stagnates

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Scale models of China-made bullet trains on exhibition at a Jakarta mall. Indonesian state companies will join a Chinese firm to build a railway from the capital to Bandung on Java island.

Jakarta

INDONESIA will seek more funds from China to help drive economic growth after foreign investment stagnated last quarter.

Foreign direct investment (FDI) was US$7.4 billion in July through September, unchanged from the previous quarter and down from US$7.5 billion a year

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