Indonesia has benefited from the US-China trade war, minister says
2019-01-24 09:59:52 source:CNBC
January 23, 2019
The ongoing trade war between the U.S. and China has opened up new opportunities for Indonesia, the Southeast Asian nation's minister of industry said Tuesday.
Indonesia is the largest economy in Southeast Asia, the region tipped by many to be one of the beneficiaries of a tariff fight that has threatened global growth. Experts have said the conflict between the world's two largest economies would push companies to speed up plans to move parts of their supply chains from China to countries such as Vietnam, Thailand and Indonesia.
And Indonesia has seen that shift happening, Minister Airlangga Hartarto told CNBC's Nancy Hungerford at the World Economic Forum in Davos, Switzerland.
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