RCEP to help Indonesia climb out of recession

Improving exports: A drink vendor riding his bicycle is reflected in a puddle at the main business district of Jakarta. Although Indonesia’s economy continue to contract, there is a significant rebounce in exports, especially those to China. — AP

JAKARTA: 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.