Pursuits

The Commodities Producer That Dodged a Bullet When China Slowed

  • Indonesia's diversified economy shields it from mining crunch
  • Nation leads growth among top 10 commodity exporters: BMI

MAKASSAR, INDONESIA - 2016/03/19: A woman walks at Paotere Port. The Paotere Port well known as an old port and become one of tourism location in Makassar. Most of boats anchored at the port are traditional wooden boats known as pinisi.

Photographer: Pacific Press/LightRocket via Getty Images
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As Mitsubishi Corp. becomes the latest player looking at quitting a major mining project in Indonesia, along with the likes of Newmont Corp. and BHP Billiton Ltd., it would seem the Southeast Asian nation’s economy is becoming another victim of the great commodity slump.

But it isn’t.