RCEP to promote Indonesia-China economic ties: Experts

Jakarta, Nov 22 : The Regional Comprehensive Economic Partnership (RCEP) Is Expected To Play A Large Role In Promoting Economic And Trade Relations Between Indonesia And China, Indonesian Experts Said.

"We've Just Fallen Into Recession And If RCEP Is Successful In Improving Economic Relations, Indonesia Will Perhaps Be Able To Climb Out Of Recession Through Cooperation With China And Other Bigger Economies," Indonesian Economic Expert Nadhila Ichsan Said.

According To Statistics Indonesia (BPS), The State's Economic Growth Experienced A 3.

49 Per Cent Contraction In The Third Quarter Of 2020, Which Brought The Country's Economy To A Recession For Two Consecutive Quarters.

In Quarter Two, Indonesia's Economy Grew At A Rate Of -5.