How does the BRI affect the US?

Despite potential gains for the United States, BRI poses significant risks to U.S. economic interests. BRI’s size and scope give it the potential to boost global gross domestic product (GDP) by as much as $7.1 trillion by 2040 and reduce global trade costs by up to 2.2 percent.

How many countries have joined the BRI?

As of January 2021, the number of countries that have joined the Belt and Road Initiative (BRI) by signing a Memorandum of Understanding (MoU) with China is 140*. The countries of the Belt and Road Initiative (BRI) are spread across all continents: 40 countries are in Sub-Saharan Africa.

How will China’s growing ties with Indonesia affect Indonesia?

The growing ties between China and Indonesia could result in the former having strong footholds in the latter, either economically, politically or militarily. This could make Indonesia highly dependent on China. It could also damage Jakarta’s ties with the US.

How is the trade war affecting Indonesia’s economy?

For Indonesia, China and US are the two of its main trade partners and the multiplier effects of the trade war has put pressure on the ability to achieve Jakarta’s desired growth target. Although trade is not the major contributor to Indonesia’s GDP, further escalation of global trade tensions will pose a risk.

Can Indonesia solve the China-Indonesia maritime dispute?

Traditionally, Indonesia has tried to sidestep its maritime row with China. Emphasizing the lack of a “territorial dispute” between the two countries, Indonesia has frequently offered to act as a neutral mediator between China and its Southeast Asian neighbors in their perennial dispute over the Spratly Islands.

What is at stake for Indonesia’s energy industry in South China Sea?

At stake for Indonesia are more than fisheries in the South China Sea and the livelihoods they provide for Indonesian fishermen. The waters north of the Natuna Islands are also critical to the future of Indonesia’s energy industry.