China pledges boosted Indonesia trade

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China’s Foreign Ministry spokesman Qin Gang © Justin Calderon

China will partake in joint efforts to bolster trade and investment with Indonesia, country leaders discussed on November 18 in Phnom Penh.

Speaking for Prime Minister Wen Jiabao, who arrived at the 7th East Asia Summit on the evening of November 18, Foreign Ministry spokesman Qin Gang said that during a meeting with Indonesian President Susilo Bambang Yudhoyono, Premier Wen pledged to “increase mutual two-way investment” with the largest economy in Southeast Asia.

“China will push forward with stronger bilateral relations,” Qin added.

Once read between the lines, it is apparent that the courting of Indonesia by Beijing will further deter Susilo’s government from accepting invitations from the US to join the Trans-Pacific Partnership, of which an offer to Thailand was recently issued.

The US-led free trade zone noticeably excludes China and is seen as a tool to create a global order around the country to offset rising economic clout and audacious tactics employed by officials in Beijing.

Historically a significant influence in Southeast Asia, China’s assertions have engendered a rise in Sinophobia, which is spreading across a region eager to hash out solutions to maritime tensions, expected to be discussed in the last two days of the summit.

“This issue should not be a stumbling bloc to building ASEAN relations,” Qin confirmed to journalists.

Premier Wen also held talks with Malaysian Prime Minister Najib Abdul Tun Razak, a claimant among the disputes, albeit a lesser one.

China remains Malaysia’s largest trading partner and “has always been at the forefront of relations,” Qin said.

To win the hearts of China’s southern neighbours, wooing will have to extend past Indonesia and Malaysia in order to rival incoming US attention, lead by a freshly re-minted president ready to enter the region with an open hand.

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Reading Time: 1 minute

China’s Foreign Ministry spokesman Qin Gang © Justin Calderon

China will partake in joint efforts to bolster trade and investment with Indonesia, country leaders discussed on November 18 in Phnom Penh.

Reading Time: 1 minute

China’s Foreign Ministry spokesman Qin Gang © Justin Calderon

China will partake in joint efforts to bolster trade and investment with Indonesia, country leaders discussed on November 18 in Phnom Penh.

Speaking for Prime Minister Wen Jiabao, who arrived at the 7th East Asia Summit on the evening of November 18, Foreign Ministry spokesman Qin Gang said that during a meeting with Indonesian President Susilo Bambang Yudhoyono, Premier Wen pledged to “increase mutual two-way investment” with the largest economy in Southeast Asia.

“China will push forward with stronger bilateral relations,” Qin added.

Once read between the lines, it is apparent that the courting of Indonesia by Beijing will further deter Susilo’s government from accepting invitations from the US to join the Trans-Pacific Partnership, of which an offer to Thailand was recently issued.

The US-led free trade zone noticeably excludes China and is seen as a tool to create a global order around the country to offset rising economic clout and audacious tactics employed by officials in Beijing.

Historically a significant influence in Southeast Asia, China’s assertions have engendered a rise in Sinophobia, which is spreading across a region eager to hash out solutions to maritime tensions, expected to be discussed in the last two days of the summit.

“This issue should not be a stumbling bloc to building ASEAN relations,” Qin confirmed to journalists.

Premier Wen also held talks with Malaysian Prime Minister Najib Abdul Tun Razak, a claimant among the disputes, albeit a lesser one.

China remains Malaysia’s largest trading partner and “has always been at the forefront of relations,” Qin said.

To win the hearts of China’s southern neighbours, wooing will have to extend past Indonesia and Malaysia in order to rival incoming US attention, lead by a freshly re-minted president ready to enter the region with an open hand.

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