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Indonesia’s planned tariffs on Chinese goods to protect local SMEs, not aimed at Beijing: Experts
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Indonesia's 64 million small and medium-sized enterprises contribute about 60 per cent of gross domestic product.
PHOTO: AFP
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JAKARTA – Indonesia’s plan to impose tariffs of up to 200 per cent on Chinese goods is targeted at protecting small local businesses and shoring up domestic political support rather than thwarting China, said analysts.
They added that the move, announced in June, is unlikely to affect bilateral ties between Jakarta and Beijing, as it is less hard-hitting than tariffs imposed by Western countries on China’s green technology exports
