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Indonesian president and Chinese premier meet to discuss expanding trade during US trade war

  • On Sunday, May 25, 2025, Indonesian President Prabowo Subianto hosted Chinese Premier Li Qiang at Merdeka Palace in Jakarta, where they discussed enhancing trade and investment relations amid ongoing global economic challenges.
  • The meeting occurred against the backdrop of a global trade war led by the U.S. and rising protectionism, prompting discussions on strengthening cooperation and addressing economic instability.
  • They emphasized deepening bilateral ties under the Belt and Road Initiative across five pillars: politics, economy, culture, maritime affairs, and security, and noted Chinese firms’ investments and technology transfer in Indonesia.
  • Two-Way trade surpassed $147.8 billion last year with 6.1% growth, and both sides have started implementing a previously agreed $10 billion investment in strategic sectors including transportation and mineral processing.
  • The meeting reinforced commitments to strategic partnership and multilateral cooperation, suggesting continued economic integration and regional stability benefits for both Indonesia and China.
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abc News broke the news in United States on Sunday, May 25, 2025.
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