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CHINA TRADE WITH INDONISIA
- Total Trade growing at 20% (CAGR) since
2000
- Indonesia's natural resource and
petrochemical exports to China are key contributors increasing to 47%
and 15% of total exports 2009 respectively
- China are exporting increasingly more
electrical equipment and machinery to Indonesia.
Source: CIMB Group, Asean-China SME
Conference, 2011
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In May 2011, China's Premier Wen Jiabao
announced in Jakarta during a two-day visit to Indonesia that his
government had promised Indonesia $9 billion worth of loans for
infrastructure on Friday after meeting with his counterpart, President
Susilo Yudhoyono. China is also seeking to double trade with
Indonesia and get access to natural gas, palm oil and coal.
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investment are the US, Germany, France, Hong Kong and China. Last
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China's outbound mergers and acquisitions topped $29 billion last year,
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- CHINA'S INVESTMENT IN ASEAN COUNTRIES: For
China, ASEAN has been viewed as both potential market and
investment base, given proximity and land links. China's direct
investment to the Association of Southeast Asian Nations (ASEAN)
countries stood around 2.57 billion U.S. dollars since the China- ASEAN
Free Trade Area came into force one year ago, according to an official
from China's Ministry of Commerce (MOC), reported Xinhua News
Agency in China. ASEAN market, with a total population of nearly
600 million, is attractive and given ASEAN FTA (AFTA) in place, many
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article "maximizing
trade under the ASEAN-CHINA FTA"
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