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The Nexus
SECURITYMay 28 · 08:00 UTCWAR ON THE ROCKSAhmad Syarif

Control Without Ownership: How China’s Party-Business Networks Dominate Indonesia’s Mineral Supply Chains

Chinese firms and state-owned enterprises, including China First Heavy Industries, absorbed Indonesian assets of bankrupt stainless-steel producer Jiangsu Delong in 2024, highlighting China's strategy to secure upstream mineral resources like nickel for military-grade metals and nuclear submarine production.

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Jiangsu DelongorganizationChina First Heavy IndustriesorganizationIndonesiaplacenickeltopicstainless-steeltopicmilitary-grade metalstopicnuclear submarinestopic
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