Analyzing Why Indonesia Lags in Embracing the ‘China +1’ Model
Back in 2019, the global economic stage witnessed a shift that sent tremors through Indonesia’s political echelons. The World Bank’s revelation struck a nerve – amidst the intricate dance of US-China trade tensions, Indonesia seemed to have missed its cue to join the bustling global manufacturing supply chains. The World Bank’s 2019 report painted a disconcerting picture: out of 30-plus …