Belt and Road Initiative: Advantages and Disadvantages for Indonesia
DOI:
https://doi.org/10.33172/jdp.v9i1.4662Abstract
The Belt and Road Initiative, formerly known as One Belt One Road (OBOR), is a crucial element of President Xi's "Major Country Diplomacy" policy. This policy aims to enable China to take on greater leadership in global affairs as a result of its growing power. The BRI's objective is to foster collaboration and joint development between China and countries in Asia, Africa, and Europe. The launch of the BRI coincided with ASEAN's vigorous promotion of its Masterplan for ASEAN Connectivity (MPAC), a strategy aimed at enhancing intra-ASEAN links. There is an opportunity to combine these efforts in a way that respects each other's borders and sensitivities. Indonesia and China are among the four most populated countries in the world, and the BRI will play a crucial role in their bilateral relations. The partnership between China and Indonesia holds great potential in areas such as trade, economy, technology, education, social services, and culture. This process has advantages and disadvantages for Indonesia, which will be discussed in this article, along with the way forward.
References
ASEAN Maritime Security The Global Maritime Fulcrum in the Indo-Pacific - IPSH. (n.d.). Retrieved November 4, 2022, from https://ipsh.brin.go.id/2022/07/07/asean-maritime-security-the-global-maritime-fulcrum-in-the-indo-pacific/
ASEAN Secretariat Jakarta. (2017). Master plan on ASEAN Connectivity. http://www.ncbi.nlm.nih.gov/pubmed/22341527
China Population (2022) - Worldometer. (n.d.). Retrieved November 3, 2022, from https://www.worldometers.info/world-population/china-population/
Countries of the Belt and Road Initiative (BRI) – Green Finance & Development Center. (n.d.). Retrieved November 3, 2022, from https://greenfdc.org/countries-of-the-belt-and-road-initiative-bri/
Indonesia Population (2022) - Worldometer. (n.d.). Retrieved November 3, 2022, from https://www.worldometers.info/world-population/indonesia-population/
Kang Lim, Benjamin; Miller, Matthew; Stanway, D. (2016). Exclusive: China to lay off five to six million workers, earmarks at least $23 billion | Reuters. https://www.reuters.com/article/us-china-economy-layoffs-exclusive-idUSKCN0W33DS
Lee, J. Y., & Kim, H.-J. (2017). One Belt One Road initiative and its implications for the global economy. Journal of International Logistics and Trade, 15(1), 8–9. https://doi.org/10.24006/jilt.2017.15.1.008
Monaghan, A. (2014). China surpasses US as world’s largest trading nation | International trade | The Guardian. The Guardian. https://www.theguardian.com/business/2014/jan/10/china-surpasses-us-world-largest-trading-nation
Napang, M. (2022). The Trade War Of China And The Us In 2021, And It’s Impact On The Indonesian Economy. Journal of Strategic and Global Studies, 5(2). https://doi.org/10.7454/jsgs.v5i2.1102
“Nawa Cita”, 9 Priority Agendas for Jokowi-JK. (n.d.). Retrieved November 3, 2022, from https://nasional.kompas.com/read/2014/05/21/0754454/.Nawa.Cita.9.Agenda.Prioritas.Jokowi-JK
Schulhof, V., Vuuren, D. Van, & Kirchherr, J. (2022). Technological Forecasting & Social Change The Belt and Road Initiative ( BRI ): What Will it Look Like in the Future ? Technological Forecasting & Social Change, 175(November 2021), 121306. https://doi.org/10.1016/j.techfore.2021.121306
Smith, S. N. (2021). China’s “Major Country Diplomacy”: Legitimation and Foreign Policy Change. Foreign Policy Analysis, 17(2). https://doi.org/10.1093/FPA/ORAB002
The, O. F. (2022). Acific ndo -. February.
Trade_1 noun - Definition, pictures, pronunciation and usage notes | Oxford Advanced Learner’s Dictionary at OxfordLearnersDictionaries.com. (n.d.). Retrieved November 3, 2022, from https://www.oxfordlearnersdictionaries.com/definition/english/trade_1?q=trade
