When China sneezes, Indonesia better prepares for the cold.
The Indonesian government has said it would provide at least $744 million in subsidies for workers, airlines, hotels, tourists and regional governments in Indonesia's major tourist destinations to counter the economic slowdown expected as a fallout from the Covid-19 outbreak wreaking havoc in China.
Since Feb. 2, Indonesia has closed its borders to all travelers coming from China, the country where the pneumonia-like disease originated and has so far killed more than 2,600 people.
The Chinese were the second-largest group of foreign tourists visiting Indonesia last year, and the loss of their business could cause local establishments to lose a total of $500 million in tourism revenue per month.
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