Indonesia is often framed as a key arena of China-Japan-US competition in the Second Cold War. In this episode, we talk with Trissia Wijaya about her book on the political economy of Chinese and Japanese infrastructure financing in Indonesia. She challenges the view that it is simply an instrument of competition and instead situates infrastructure finance within Indonesia’s own development strategies. She shows how development assistance, commercial loans, export credits, and public-private partnerships are shaped by contestation among Chinese and Japanese capital, as well as Indonesian civil society, state actors, and labor. We also link these dynamics to the country’s changing industrial policy, from energy infrastructure to Nickel processing to the planned capital of Nusantara, asking how Indonesia uses strategies of polyalignment and foreign finance to pursue its own developmental ambitions. — Trissia Wijaya is a McKenzie Research Fellow at the Asia Institute at the University of Melbourne. Prior to this role, she worked as a Senior Research Fellow at Asia-Japan Research Organization, Ritsumeikan University, and taught at the College of Global Liberal Arts. She received her PhD in Politics from Murdoch University, Australia, and remains affiliated as an Honorary Research Fellow at the Indo-Pacific Research Centre there. She has also worked at the Asian Development Bank and UNDP Indonesia, cultivating an interest in the political economy of development and evidence-informed policymaking. Her research spans green infrastructure financing, industrial policy, and critical mineral development. She has conducted intensive fieldwork across Indonesia, Japan, and China. The Political Economy of Japanese and Chinese Infrastructure Financing Governance: Organizing Alliances, Institutions, and Ideology (Bristol University Press 2025) Indonesia, nickel, and the political economy of polyalignment in the Second Cold War in Third World Quarterly An EV-fix for Indonesia: the green development-resource nationalist nexus in Environmental Policy Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

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