Advertisement

Indonesia–China Economic Relations Post the 1997 Asian Crisis

Chapter
  • 236 Downloads

Abstract

Indonesia and China have been in bilateral economic relations earlier. However, since the 1965 movement, Indonesia and China have experienced suspicion-colored diplomatic relations although they were economically dependent on each other. After the Asian economic crisis in 1997, China emerged as a “rising player” in the regional and bilateral economy. Despite different views on China’s economic power and its impacts, both directly and indirectly, on the national and regional interests, China’s global economic power is characteristically linked to China’s free trade, market expansion strategy at all levels, and economic diplomacy. Due to different national interests as well as political and economic systems, Indonesia and China were not always “equal” in their relations. Indeed, Indonesia seemed to be relatively unable to make the best use of China’s rising economy. In other words, China is an economic entity whose existence is almost always taken into consideration in the development processes of Indonesia (nationally and bilaterally) and ASEAN (regionally, subregionally, and multilaterally). Nonetheless, the ACFTA is likely unfavorable for Indonesia’s economic actors, especially entrepreneurs, traders, and manufacturers.

Keywords

Indonesia–China bilateral economic relations China’s economic power ACFTA 

References

  1. BBC Indonesia. 2010. China Ubah Kebijakan Perdagangan. 4 Mar. BBC Indonesia. 2011. Beda Kota dan Desa Cina. 7 Mar.Google Scholar
  2. BBC Indonesia. 2011a. 28 Mar.Google Scholar
  3. Held, David, and David Mepham (eds.). 2007. Progressive Foreign Policy. Cambridge: Polity.Google Scholar
  4. Ho, Lok Sang, and John Wong (eds.). 2011. APEC and the Rise of China. Singapore: World Scientific.Google Scholar
  5. Joint Report P2P LIPI–CIER TASC. Sept 2011.Google Scholar
  6. Naisbitt, John, and Doris Nasbitt. 2010. China’s Megatrends, 8 Pilar yang Membuat Dahsyat Cina. Jakarta: Gramedia Pustaka Utama.Google Scholar
  7. Prasso, Sheridan. 2011. China in Transition. http://www.strategy-business.com/article/00088?/. 19 Sept. Accessed on 21 Oct 2011.
  8. Presentation by the Minister of Trade of The Republic of Indonesia at the Jakarta Post Anniversary Discussion, Hotel Dharmawangsa, Jakarta, May 2011.Google Scholar
  9. Sheridan, Kyoko (ed.). 1998. Emerging Economic Systems in Asia, a Political and Economic Survey. St. Leonards NSW: Allen & Unwin.Google Scholar
  10. Suara Pembaruan Online. 2007. Hubungan Ekonomi Indonesia-Cina Pasca Deng Xiaoping Tetap Baik. 21 Feb. Accessed on 18 Sept 2011.Google Scholar
  11. Wirjawan, Gita. 2010. Indonesia’s 21st Century Growth Story. The Indonesian Quarterly 38 (3). Google Scholar
  12. Wong, John. 2011. China’s Economy 2010: Continuing Strong Growth, with Possible Soft Landing for 2011. In East Asian Policy, an International Quarterly, vol. 3, no. (1). East Asian Institute, National University of Singapore, Singapore.Google Scholar
  13. Yu, Au Loong and Kevin Li, March, 2011, “Preliminary Report on China’s going Global Strategy: A Labor, Environment, and Hong Kong Perspective,” Capital Mobility Research Paper Series No. 3, Asia Monitor Resource Centre.Google Scholar

Copyright information

© Springer Nature Singapore Pte Ltd. and Indonesian Institute of Sciences (LIPI) Press 2018

Authors and Affiliations

  1. 1.Center for Political Studies, Indonesian Institute of Sciences (P2P-LIPI)JakartaIndonesia

Personalised recommendations