Jokowi bags $13bn in investment pledges after meeting with Xi

[Song Hong]

President Joko “Jokowi” Widodo on Thursday flew to Chengdu to meet his Chinese counterpart Xi Jinping, with talks on trade and investment likely to be high on the agenda.

Jokowi also plans to bring up the topic of the South China Sea. This highly contested body of water has become one of the primary concerns for ASEAN which Indonesia is chairing this year.

“The visit [to Chengdu] coincides with the 10th anniversary of the Indonesia-China comprehensive strategic partnership. China is Indonesia’s top investor and trading partner,” Jokowi said in Jakarta shortly before his flight.

“President Jinping and I will discuss a number of priority issues, including investment and our strategic projects. As well as on trade, healthcare, as well as regional and global matters,” Jokowi said.

Jokowi’s Chengdu trip includes meetings with the bosses of Chinese companies, namely those who have or are seeking to make an investment in Indonesia. “Particularly investment in industrial downstream, petrochemicals, renewable energy, and healthcare,” Jokowi said, while adding he would also push for talks on the electric vehicle (EV) ecosystem.

Commenting on the South China Sea, Jokowi said: “That is a topic that I would always raise in my meetings with President Jinping.”

Government data shows Indonesia-China trade stood at $133.7 billion in 2022. Bilateral trade amounted to $110 billion the previous year. China invested $8.2 billion last year, making it Indonesia’s second-largest foreign investor after Singapore. Beijing’s investment in Indonesia throughout the first six months of 2023 amounted to $3.8 billion.

Earlier this month, ASEAN chair Indonesia hosted a series of foreign ministerial meetings, among others, with China's Wang Yi. The ASEAN-China dialogue zeroed in on a code of conduct, a defined set of rules that could promote peace in the South China Sea.

The meeting resulted in a guideline that could help expedite negotiations for the code of conduct. China as well as four ASEAN members -- Brunei Darussalam, Malaysia, the Philippines, and Vietnam -- have all laid overlapping claims to this strategic body of water.

Jokowi bags $13bn in investment pledges after meeting with Xi

China's Xinyi to build glass, solar panel factories in Indonesia in $11.5bn plan

asia.nikkei.com

Jokowi to Meet Xi Jinping for Investment, South China Sea Talks

Jokowi has flown to Chengdu to meet his Chinese counterpart Xi Jinping, with talks on trade and investment likely to be high on the agenda.

jakartaglobe.id

 

[Menthol]

I hope Jokowi able to convince China to build EV factory in Indonesia.

There are a lot of China state owned EV companies.

I think Jokowi should flexible enough to create a good environment for the EV production in Indonesia, whatever China demands and obstacle for not choosing Indonesia should be solved.

As well as joint venture between China-Indonesia to establish EV company.

In business, it's a very common for successful businessmen to move backward one step so they can move forward for 1000 steps.

Flexibility and goodwill for the future.

 

[Song Hong]

What I know is China is focusing very hard on Indonesia and trying to please Indonesia. Indonesia is a very important country.

Big x factor is Probowo is pro USA and USA like Probowo. Jokowi is going to step down. Not sure Ganjar Pranowo can get the job.

 

[Menthol]

What I know is China is focusing very hard on Indonesia and trying to please Indonesia. Indonesia is a very important country.

Big x factor is Probowo is pro USA and USA like Probowo. Jokowi is going to step down. Not sure Ganjar Pranowo can get the job.

Indonesia is a weak country.

We let a foreign country control us.

Isn't a country's leader should be faithful to the country and its people? Isn't a country leader should focus on making our people happy instead of serving foreign country?

Prabowo reputation is bad, he even disposed his own father-in-law (the person who make him great), create riots on the capital, a lot of Chinese Indonesian women being raped, burned down businesses, make our nation feel shame because of it,

Then later he also organized massive protest and jailed Chinese Indonesian governor raising ethnicity and religion issue, as a stepping stone to dispose Jokowi for the sake of USA.