Balancing Risk and Reward

Who benefits from China's investments in Indonesia?

Full Report
ThE First Tranche Blog

China’s expanding investments in Indonesia force both to balance risk and reward

2025-06-12

President of Indonesia Prabowo Subianto and President of China Xi Jinping during Subianto’s first state visit to China in November 2024. Photo by the Ministry of State of Indonesia via Wikimedia Commons, used in the public domain.

From footnote to headline, Beijing has become Indonesia’s most significant source of development finance and FDI, giving it outsized economic clout and political leverage.

La expresidenta de Taiwán, Tsai Ing-Wen, se reúne con participantes en un curso de capacitación para funcionarios de ocho de los aliados de Taiwán en América Latina y el Caribe en 2017. Foto de la Oficina del Presidente, República de China (Taiwán) vía Flickr, licenciada bajo CC BY 2.0.
ThE First Tranche Blog

Entre China y Taiwán, el concurso por aliados latinoamericanos

2025-06-05

Game pieces used in the board game “Capital & The Other,” developed by AidData experts. Photo by Sethu Nguna, used with permission.
ThE First Tranche Blog

Learning through play: Exploring identity and economics with "Capital & The Other"

2025-05-21

Balancing Risk and Reward: Who benefits from China's investments in Indonesia?

Policy Report

Balancing Risk and Reward: Who benefits from China's investments in Indonesia?

U.S. Sanctions and the Global South: Navigating Networked Resistance, Competing Narratives, and Unintended Consequences

Policy Brief

U.S. Sanctions and the Global South: Navigating Networked Resistance, Competing Narratives, and Unintended Consequences

Into the Breach: Will China Step Up as the U.S. Retreats on Global Development?

Policy Brief

Into the Breach: Will China Step Up as the U.S. Retreats on Global Development?

Listening to Leaders 2025

Development cooperation over a decade of disruption

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About AidData

We use rigorous methods, cutting-edge tools, and granular data on international development to answer the question: who is doing what, where, for whom, and to what effect?

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