Open AccessUS-China Trade War: Indonesia as a Muslim Majority Country and Vietnam Responses
Author(s) -
Muhammad Ivan,
Arie Kusuma Paksi
Publication year - 2020
Publication title -
politea/politea : jurnal pemikiran politik islam
Language(s) - English
Resource type - Journals
eISSN - 2657-1560
pISSN - 2621-0312
DOI - 10.21043/politea.v3i2.8831
Subject(s) - mercantilism , trade war , china , context (archaeology) , vietnam war , economics , government (linguistics) , order (exchange) , political science , international trade , development economics , geography , market economy , linguistics , philosophy , archaeology , finance , law
This research discusses the responses of countries in Southeast Asia in the context of US-China trade war, with particular focus on what strategies taken by Indonesia (as a Muslim majority country) and Vietnam government to apply and attract investment from US and China as a result of trade war among them. The writer chose qualitative method to get an in-depth data and find the dynamic problems and a strategy taken by a country to overcome the problem caused by trade war. By Using mercantilist approach this paper argues that both Indonesia and Vietnam have a different strategies in order to gain the foreign investor to come to their countries and manage to maintain the sustainability in the middle of trade war escalation. As a result both Indonesia and Vietnam have succeeded in maintaining their economic stability through the strategies they have adopted which have resulted positive.