During a visit to Indonesia on Oct. 3, Chinese President Xi Jinping became the first foreign leader to address the Indonesian Parliament. Throughout his speech Xi emphasized a need for cooperation between China and other ASEAN countries, saying that they should “jointly uphold regional peace and stability.” In addition to a $16 billion currency swap agreement, Xi’s visit coincides with the signing of trade and investment deals worth $32 billion, which include funding for five Boeing planes, a paper mill, and a mineral processing complex. China is currently Indonesia’s second largest trading partner, after Japan. (China Daily, Xinhua, Oct. 2; ABC News, BBC, Reuters, Oct. 3, 2013)
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SR: The Week’s China Reads
Every week, China Program’s Senior Advisor Dr. Robert A. Kapp compiles a reading list and provides commentary, for you to better understand China.
Robert A. Kapp is senior advisor to the China Program at the Carter Center. He has been principal of Robert A. Kapp and Associates, a business consulting firm, since 2004. From 1994 through 2004 he served as President of the United States-China Business Council…