Can Indonesia Weather A Global Recession by Working Closer with China?
China is Indonesia’s largest trading partner, with a total value reaching $110 billion in 2021.
KOMPAS.com \- Indonesian President Joko “Jokowi” Widodo is visiting China, Japan, and South Korea this week to boost trade and investment partnerships with Jakarta’s closest economic partners amid warnings of a global recession. Indonesia is the largest economy in Southeast Asia and hopes to chair the Association of Southeast Asian Nations (ASEAN) in 2023. Indonesia also hosts the G20 summit in November. During Jokowi’s visit to Beijing on Tuesday, July 26, the president met with his Chinese counterpart Xi Jinping and Premier Li Keqiang. A joint statement released by the Chinese Foreign Minist...