187-Year-Old Jardine Faces Pain in Indonesia After Expansion
- Covid-19 crisis weighs on group’s auto distribution unit Astra
- British trading house was already hit by Hong Kong protests
Photographer: Bay Ismoyo/AFP via Getty Images
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After political protests and the coronavirus crisis walloped its businesses in Greater China, Jardine Matheson Holdings Ltd., one of Hong Kong’s last remaining British trading houses, is facing a new challenge -- in Indonesia.