Southeast Asian economies have stepped in to fill the gap that resulted from China’s decreased footwear exports to the US since the trade war started. Photo: AFP Southeast Asian economies have stepped in to fill the gap that resulted from China’s decreased footwear exports to the US since the trade war started. Photo: AFP
Southeast Asian economies have stepped in to fill the gap that resulted from China’s decreased footwear exports to the US since the trade war started. Photo: AFP
China economy
Economy /  Global Economy

Indonesia benefiting as China’s shoemakers shift production as US trade war worsens, central bank official says

  • Bank Indonesia deputy governor Dody Budi Waluyo sees positives as footwear exports to the United States have grown 6.7 per cent at the start of 2019
  • But Southeast Asian nation is also tipped to join other regional markets in cutting interest rates to counter slowing global growth

Topic |   China economy
Karen Yeung
Karen Yeung

Updated: 8:54am, 14 Jun, 2019

Why you can trust SCMP
Southeast Asian economies have stepped in to fill the gap that resulted from China’s decreased footwear exports to the US since the trade war started. Photo: AFP Southeast Asian economies have stepped in to fill the gap that resulted from China’s decreased footwear exports to the US since the trade war started. Photo: AFP
Southeast Asian economies have stepped in to fill the gap that resulted from China’s decreased footwear exports to the US since the trade war started. Photo: AFP
READ FULL ARTICLE