Indonesian Political, Business & Finance News

Archive: 25 November 2024

1 article found

Why Indonesia's Economic Relationship with China Needs a Rethink

Indonesia's economic relationship with China is increasingly lopsided, with the country exporting raw materials whilst importing manufactured goods whilst simultaneously accumulating debt through Belt and Road Initiative projects that carry environmental and social costs. The article argues that this dependency undermines Indonesian sovereignty, damages domestic industries, and leaves communities dealing with long-term environmental damage. Indonesia must pursue economic diversification and stri