Continue reading this on our app for a better experience

Open in App
Floating Button
Home News Geopolitics

Xi gets invitation to G-20 summit, but his response is unclear

Bloomberg
Bloomberg • 3 min read
Xi gets invitation to G-20 summit, but his response is unclear
Indonesia's President Joko Widodo and China's President Xi Jinping
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Indonesian President Joko Widodo invited China’s Xi Jinping to attend the Group of 20 summit in November, as the two leaders held a rare meeting in Beijing amid strict Covid controls.

Xi thanked the G-20 host for his invitation and wished him success, according to a statement from China’s Ministry of Foreign Affairs. But it was unclear whether he will attend.

Jokowi’s trip to China marks the first by a foreign leader since the Winter Olympics in February, when Russian President Vladimir Putin and others entered a bubble designed to keep visitors separate from the public. China’s zero-tolerance approach to the virus has largely kept foreign leaders out of the country during the pandemic, with Xi last leaving in January 2020.

Jokowi will likely try to convince him to physically attend the G-20 summit planned for Nov. 15-16 in Bali, Wellian Wiranto, economist at Oversea-Chinese Banking Corp. in Singapore, said Tuesday in a note.

Boosting trade and investment would also be at the top of his agenda, with China accounting for one-quarter of Indonesia’s total trade, he added.

“If Jokowi can move the economic needle that much more in his Beijing trip, he will have an easier time convincing the leaders in Tokyo and Seoul, with their own geopolitical calculations in mind, of the importance of plonking down more investment in Indonesia,” Wiranto said. “Japan, for one, could be politely reminded of how it used to be the top two or three FDI investor in Indonesia.”

See also: Caught in the coffee crossfire

Earlier Tuesday, Jokowi discussed boosting palm oil exports to China with Li Keqiang, prioritizing Indonesia’s other agricultural goods and improving cooperation in an industrial park in North Kalimantan, according to a statement from the Indonesian government.

The upcoming G-20 summit presents Jokowi with a diplomatic balancing act in the wake of Russia’s invasion of Ukraine. Several G-20 nations including the US have sanctioned Moscow over the war, and called for China to condemn Moscow’s military actions.

A recent meeting of G-20 finance chiefs was marred by divisions over President Vladimir Putin’s military campaign and ended without a joint agreement, although made some progress on how to address the global food crisis.

See also: Russia hires its own Africa army to succeed Wagner's mercenaries

Jokowi is slated to visit Japan and South Korea later this week, on the back of recent trips to Ukraine and Russia to discuss the war and global grain security issues.

The Communist Party’s Global Times newspaper reported Tuesday that ties between China and Indonesia were set to undergo an “all-round upgrade” from Jokowi’s meetings with Xi and Li, citing trade as a key area to benefit. Since China, the world’s biggest user and importer of coal, stopped buying that commodity from Australia amid a geopolitical spat, Indonesia has become the nation’s largest supplier of thermal coal.

The Chinese newspaper also praised Indonesia’s role in the non-aligned movement that helped bring many former colonies to independence as proof of its “determination to stand up against hegemony,” a term China often uses to refer to US global influence.

Highlights

Re test Testing QA Spotlight
1000th issue

Re test Testing QA Spotlight

Get the latest news updates in your mailbox
Never miss out on important financial news and get daily updates today
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2024 The Edge Publishing Pte Ltd. All rights reserved.