Celios Director News Today

JAKARTA: Research institute, Centre of Economic and Law Studies (Celios) argued that Indonesia has not been caught in China’s debt trap. However, the Celios Director of China-Indonesia Studies M Zulfikar Rakhmat, said that signs have emerged showing that Indonesia may potentially entering the trap if the government does not tread carefully.

Celios economist said signs have emerged of Indonesia potentially entering Chinas debt trap if the government does not tread carefully.

Economist elaborates on the benefits and disadvantages of Indonesias step to move away from the United States dollar, or de-dollarization.