The Impact of the US-China Trade War on Indonesia and the Asian Region
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#dda14a4e ver:0.8
The US-China trade war presents both opportunities and concerns for Indonesia. The government sees potential gains in capturing US market share, while businesses worry about the competitiveness of Indonesian products. However, Indonesia's economy is heavily reliant on China, making it vulnerable to changes in China's GDP growth. Strengthening manufacturing capacity and building supply chains are crucial to mitigate the negative impact. The Asian region also faces damaging effects from trade outcomes, with China's export surges causing harm to importing countries. ASEAN countries should strengthen their collective ability to respond to these challenges and pursue trade agreements with trade-oriented economies. #TradeWar #Indonesia #ASEAN...
#newstr #UschinaTradeWar #Indonesia #AsianRegion #China #Us #Europe #Asean #Protectionism
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