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Foreign Direct Investment (FDI) from China increased steadily over five years from 2013 to 2017. The value of FDI from the "Bamboo Curtain" country surged 350% in 2016 and reached its peak in 2017 at US$3.4 billion.
Meanwhile, in 2018, realized investment from China decreased by 29.41% compared to the previous year. This was due to the volatility of the rupiah against the US dollar and the trade war between the US and China.
The decline in investment from China was also accompanied by an overall decrease in foreign investment in Indonesia in 2018. The overall decrease in foreign investment in Indonesia in 2018 reached Rp 37.8 trillion or 8.78% compared to the previous year.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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