China to increase Indonesian product imports, supports global free trade

Investing.com -- China has expressed willingness to import more products from Indonesia, as stated by Foreign Minister Wang Yi during a meeting with his Indonesian counterpart on Monday. The two nations have been described as "defenders of economic globalization and free trade."

In a meeting with Indonesian Foreign Minister Sugiono in Beijing, Wang Yi emphasized the need for enhanced mutual trust and cooperation between the countries. He also highlighted the importance of jointly safeguarding the multilateral trading system and defending international fairness and justice, as per a readout from the Chinese foreign ministry.

Sugiono, on the other hand, stated that partnerships with both China and the United States hold equal significance for the Southeast Asian nation. This information was released in a statement by Indonesia’s foreign ministry on Monday. The statement, however, did not mention China’s intention to increase its imports of Indonesian products.

The Indonesian foreign ministry emphasized dialogue as the preferable method to resolve the ongoing global trade war. This comes after discussions on tariffs took place in Beijing. The ministry did not provide further details on these discussions or the potential impact on future trade relations.

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