TheJakartaPost
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Countries in East and Southeast Asia are committed to strengthening the region’s financial integration as an effort to improve economic stability, close the infrastructure financing gap and ultimately decrease their dependence on foreign currency.
The Jakarta Post has published a number of expert opinions on Indonesia and China relations, from the fear of China’s rise as a regional hegemon to a balanced view on China, dispelling such a fear.But less has been said about one question: why do Indonesia and ASEAN matter to China? What drives China to put billions of dollars in Indonesia following various multilateral and bilateral agreements at the ASEAN level and between Indonesia and China? In 2016, China became the third largest investor in Indonesia after Japan and Singapore.
