Indonesian labourers work at a construction site in Jakarta. The country has missed a wave of manufacturers seeking to bypass higher tariffs from the US-China trade war, according to two private sector economists. Photo: AFP
Indonesia is ‘only loser’ as US-China trade war provides Asean investment boon
- Vietnam is the biggest winner, while Malaysia, Singapore and the Philippines have all picked up business from manufacturers shifting their supply chains
- But Jakarta is taking note, with President Widodo pushing his cabinet ministers to take advantage of the situation
Indonesian labourers work at a construction site in Jakarta. The country has missed a wave of manufacturers seeking to bypass higher tariffs from the US-China trade war, according to two private sector economists. Photo: AFP
