Chinese venture capitalists are shifting their investment focus to Indonesia, where technology investments have jumped 55% in the first half of 2020. Indonesia and India, the largest and most important economies in Southeast and South Asia respectively, are important investment destinations for Chinese companies. However, Chinese experts and scholars interviewed by the Global Times reminded Chinese companies to take advantage of the lessons learned in the Indian market, invest in Indonesia with a cautious attitude, conduct site visits in advance before entering the market, and take a step-by-step approach to avoid making large-scale acquisitions in a hurry.
