WI: French Indonesia?

So, what if instead of focusing on India, France/the French East India Company had primarily concentrated on establishing trade throughout what is now Indonesia? Would they have been able to outcompete the Dutch? What impact would France have on Indonesia and the region at large?
 
So, what if instead of focusing on India, France/the French East India Company had primarily concentrated on establishing trade throughout what is now Indonesia? Would they have been able to outcompete the Dutch? What impact would France have on Indonesia and the region at large?
It'd be good for France who'd focus on the spice Islands, but not sure it can beat the Dutch, who have a stranglehold on the Baltic trade that, AFAIK, France needed to build those ships
 
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