Review of “The Chinese Belt and Road Initiative”: Indonesia-China Cooperation and Future Opportunities for Indonesia’s Port Cities Development

Hermaputi, Roosmayri Lovina; Jiajia, Gong; Chen, Hua

doi:10.5614/jrcp.2017.28.3.1

Cited by 10 publications

(7 citation statements)

References 11 publications

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“…The economic cooperation between the two nations is also evident in Indonesia's participation in the Asian Infrastructure Investment Bank, which is pivotal in enhancing infrastructure development and other productive sectors. Additionally, Indonesia is actively collaborating with China on the Belt and Road Initiative (BRI), a significant endeavor aimed at boosting infrastructure development and regional connectivity (Lovina et al, 2017).…”

Section: Indonesia and Rmb Internationalizationmentioning

confidence: 99%

How the state frames its engagement in renminbi internationalization: The case of Indonesia

Mellynia,

Karim

2024

Asian Politics and Policy

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The rise of China has accelerated Renminbi (RMB) internationalization. While there seems to be global support for RMB internationalization, there is a gap in understanding how developing nations, facing potential domestic skepticism, rationalize and articulate their support. This article discusses narratives that states use to legitimize their support for RMB internationalization. Using the case of Indonesia, this article examines the country's policy responses to China's RMB internationalization strategy. It uncovers that Indonesia frames its engagement with RMB internationalization not merely as an endorsement of China's global ambitions but as a strategic move to hedge against US dollar vulnerability and to foster broader Asian regional integration, particularly in terms of currency cooperation. This article enriches the existing literature, providing a nuanced perspective on how states navigate the complexities of international economic diplomacy, crafting narratives that align with their strategic interests and policy objectives in the evolving landscape of global currency politics.

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Section: Indonesia and Rmb Internationalizationmentioning

confidence: 99%

How the state frames its engagement in renminbi internationalization: The case of Indonesia

Mellynia,

Karim

2024

Asian Politics and Policy

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“…As the largest country in Southeast Asia, Indonesia has a unique and influential role in developing the BRI strategy in the Indo-Pacific region. China's choice of Jakarta, the capital of Indonesia, as the location for the "Maritime Silk Road" project shows that Chinese leaders recognize the critical role of Indonesia in their ambitious grand plan [10]. Together with Russia, Kazakhstan, Thailand, and Pakistan, Indonesia is among the top five of China's more than 60 BRI partners, once again underlining Indonesia's strategic importance as an essential part of BRI and an important country for China to carry out cooperation in the Indo-Pacific region.…”

Section: Global Maritime Fulcrum and The Belt And Roadmentioning

confidence: 99%

Mechanism of Balancing Diplomacy among Middle Powers the Hedging Strategy of Indonesia under the Competition of “Free-Open Indo Pacific” and “Belt and Road Initiative”

Zhang

2023

AJMSS

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The competition between China and the United States is worsening in the Indo-Pacific region. With the evolution of the Indo-Pacific regional order, Southeast Asian countries find themselves at the forefront of competition. Most Southeast Asian countries face three main choices. The first choice is to support the current superpower, the United States; The second option is to cooperate with China and join the BRI initiative; The third option is a strategic hedge between China and the United States. This study focuses on the Southeast Asian region, taking Indonesia as the research object, and analyzes how Indonesia, as a middle power, adopts a hedging strategy to carry out excellent power balance diplomacy. Indonesia has adopted the “Global Maritime Fulcrum Strategy (GMF)” as the primary measure to deal with BRI and FOIP. In this paper, a literature review and case study are used to study. The first part mainly expounds on balanced diplomacy between a middle power and an major power, and the second part focuses on Indonesia as the research object. Through a case study, it analyzes the background, current policies, achievements, and significance of GMF strategy and explains the hedging strategy of Indonesia, a middle power, to balance China and the United States.

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“…Di samping itu, Hermaputi et al, (2017) juga merekomendasikan kebijakan yang menurutnya dapat membuat BRI memberikan keuntungan, baik bagi Indonesia maupun Tiongkok. Menurutnya, kedua negara dapat mengoptimalisasikan kerja sama BRI dengan mengambil keuntungan dari adanya China-ASEAN Free Trade Zone dan Asian Infrastructure Investment Bank (AIIB).…”

Section: Pendahuluanunclassified

“…Menurutnya, kedua negara dapat mengoptimalisasikan kerja sama BRI dengan mengambil keuntungan dari adanya China-ASEAN Free Trade Zone dan Asian Infrastructure Investment Bank (AIIB). Kajian tersebut berfokus pada proyek-proyek BRI berupa pembangunan pelabuhan di Indonesia (Hermaputi et al, 2017).…”

Section: Pendahuluanunclassified

Analisis Strategi Kebijakan Luar Negeri Indonesia Dalam Belt and Road Initiative

Iskandar¹,

Ambarwati²,

Putra³

2022

JDG

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This study aims to analyze Indonesia's foreign policy strategy during 2014-2019 toward the Belt and Road Initiative (BRI) initiated by China�s Xi Jinping. The study focuses on how Indonesia defends its national interests, that is to become the Global Maritime Fulcrume (PMD). Under the administration of President Joko Widodo, PMD's vision has been translated into efforts to build infrastructure and enforce the law in Indonesian waters, one of which is to eradicate illegal fishing. The results of the study found that the policy triggered positive and negative responses from China. Regarding the opportunity to invest in Indonesia's infrastructure development, China responded enthusiastically. However, in the context of eradicating its state-owned fishing vessels, China has tried to use various means, including using its investment as an instrument to influence Indonesian policies.

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Review of “The Chinese Belt and Road Initiative”: Indonesia-China Cooperation and Future Opportunities for Indonesia’s Port Cities Development

Abstract: Abstract. This paper aims to elaborate the Chinese Belt and Road Initiative, through a SWOT analysis of the China-Indonesia relation and investment conditions and a descriptive analysis of the impact of the development of

Cited by 10 publications

References 11 publications

How the state frames its engagement in renminbi internationalization: The case of Indonesia

How the state frames its engagement in renminbi internationalization: The case of Indonesia

Mechanism of Balancing Diplomacy among Middle Powers the Hedging Strategy of Indonesia under the Competition of “Free-Open Indo Pacific” and “Belt and Road Initiative”

Analisis Strategi Kebijakan Luar Negeri Indonesia Dalam Belt and Road Initiative

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