# Chinese companies are fanning out across the globe in search of new markets.

*business · news · 2026-04-24 · The Straits Times*

## Key points

- Chinese brands like BYD, Mixue, Haidilao, and Chery are rapidly expanding their presence in Jakarta.
- Indonesia is offering preferential tax rates to foreign carmakers that build factories locally, attracting Chinese automakers.
- Chinese firms are leveraging livestream shopping via TikTok, making Indonesia a top global market for this trend.
- Boycotts of US brands over the Gaza conflict have accelerated Chinese brands' popularity among young Indonesian consumers.
- Consumer perceptions of Chinese products in Indonesia have shifted from low quality to innovative and desirable.

**Companies:** Haidilao, BYD, Chery, Mixue, Geely
**Countries:** China, Indonesia

[Read the full story on The Straits Times](https://www.straitstimes.com/asia/se-asia/as-us-brands-stumble-china-wins-over-young-indonesians)

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