Jakarta, CNBC Indonesia – President Joko Widodo is desperately pushing for downstream success. The reason being, downstream is taken into account as an absolute answer for Indonesia to change into a developed nation.
Nonetheless, behind the spirit of downstreaming, it seems that China is the winner of this downstreaming. China, which is Indonesia’s nickel reservoir, will get a giant benefit. Why is that? as a result of downstream nickel ore which is processed into pig nickel and exported to China, truly helps industrialization in China. Not the opposite method round, supporting Indonesia’s industrialization.
