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flag Economists warn Indonesia's new local sourcing rules for tech firms like Apple may deter, not attract, foreign investment.

flag Indonesia's protectionist policies, including a rule requiring tech giants like Apple to source more components locally, may deter foreign investment rather than attract it, economists warn. flag Apple cannot sell its latest iPhone in Indonesia without meeting these local content requirements, which aim to boost local investment. flag However, economists argue these policies could create an uncertain investment climate and fail to address deeper issues keeping tech companies away.

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