Because US-China, Market Still Fluctuating

By : Wiyanto Dan Aldo Bella Putra | Wednesday, July 04 2018 - 00:00 IWST

IHSG (Foto/Rizki Meirino)
IHSG (Foto/Rizki Meirino)

INDUSTRY.co.id - Jakarta - US and Chinese trade wars have been detrimental to both parties. The reason is not only goods from China are hampered to enter keas, and vice versa.

Capital Market Analysts, Reza Priyambada said, due to the trade war could eventually spread to all countries including Indonesia.

"So, fair that in the next few days the market tends to fluctuate weakened," he said in Jakarta, Tuesday (3/7/2018).

So it is not surprising that it has not solved the potential problem of US-China trade war, in China there has been a problem. Perhaps this is the impact of a trade war where business activity in both countries is disrupted. Chinese businessmen are constrained to send goods to the US vice versa.

"In the end the macroeconomic conditions of both will also be disrupted. Surely this can impact on their other trading partners, "he said.

News Comment

Today's Industry

 Huawei ICT Competition 2022–2023 Global Final Closing and Awarding Ceremony (Photo: Huawei)

Jumat, 02 Juni 2023 - 17:40 WIB

Huawei ICT Competition 2022-2023 Global Final Held in Shenzhen — 146 Teams from 36 Countries and Regions Win Awards

The Huawei ICT Competition 2022-2023 Global Final concluded in Shenzhen, drawing to a close the seventh installment of this competition.

CleverTap logo

Jumat, 02 Juni 2023 - 15:50 WIB

CleverTap launches local deployment of its SaaS platform in Indonesia

CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within Indonesia through data centers hosted on Amazon Web Services (AWS),…

President Jokowi inaugurated the 2nd Kretek Bridge, in Bantul, DI Yogyakarta, Friday (02/06/2023). (Photo: BPMI Setpres)

Jumat, 02 Juni 2023 - 15:10 WIB

Inaugurated by the President, the Kretek 2 Bridge Strengthens the Java Southern Route

RI President Joko Widodo (Jokowi) inaugurated the Kretek 2 Bridge, Friday (02/06/2023) morning, in Bantul Regency, DI Yogyakarta. This bridge will support the Southern Cross Road (JJLS) which…

President Jokowi led the Pancasila Harlah Commemoration ceremony, which was held in the National Monument Area, Jakarta, Thursday (01/06/2023). (Photo: Public Relations of Setkab/Oji)

Jumat, 02 Juni 2023 - 14:00 WIB

President Jokowi: Pancasila is the Foundation of Indonesia's Success in Facing Global Challenges

In the midst of the global crisis, Indonesia is one of the few countries that has succeeded in maintaining economic, social and political stability as well as controlling inflation, growing…

Minister of Investment/Head of BKPM Bahlil Lahadalia (Photo: Public Relations of Setkab/Rahmat)

Jumat, 02 Juni 2023 - 13:30 WIB

President Encourages Acceleration of Electric Battery Ecosystem Development

Indonesian President Joko Widodo (Jokowi) encourages the acceleration of investment realization for the development of the electric car battery ecosystem which will be carried out in the Bantaeng…