Yose Rizal Damuri: 'Localization is not the answer'
By Kong Wenzheng, Fu Yifang |
chinadaily.com.cn |
Updated: 2026-05-11 08:25
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At the 2026 RCEP Media & Think Tank Forum, Yose Rizal Damuri, executive director of the Center?for Strategic and International Studies in Indonesia, warned that uncertainty is now the fundamental reality for businesses. Damuri stressed that localization is not the answer; instead, we must "keep the market open, keep the economy open, and diversify" to build true economic resilience.
