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Article: INDONESIA-CHINA TRADE FOR 1991 POSTS A DEFICIT FOR INDONESIA
- Article from:
- Indonesian Commercial Newsletter
- Article date:
- March 23, 1992
CopyrightCOPYRIGHT 1992 P.T. Data Consult, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In the first year following the normalization in August 1990 of Indonesia-China diplomatic ties, the bilateral trade between the two countries again posted a deficit for Indonesia.
After a surplus for three consecutive years (1988-1990), the Indonesia-China bilateral trade is estimated to have produced a deficit for Indonesia to repeat what happened in 1987. The indication for this 1991 deficit is that the actual value of Indonesia's imports from China for the period of January-October 1991 was already higher than that of its exports to the country for the same period.
For the period of 1988-1990, Indonesia's annual trade with China always produced a surplus ...