Celios: China’s Recession May Decrease Indonesia’s Economic Growth up to 0.3% | KF Map – Digital Map for Property and Infrastructure in Indonesia
Celios: China’s Recession May Decrease Indonesia’s Economic Growth up to 0.3%
Monday, 10 October 2022

The Center of Economic and Law Studies or Celios has stated that should China enter recession; Indonesia’s economic growth will be affected. The Director and Economist of Celios Bhima Yudhistira estimated that Indonesia’s economic growth may decrease up to 0.3% in 2023. He estimated that the potential of China’s recession will have more risks and systemic effects to Indonesia’s economy than recession in western countries, including US and Europe.

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