China's Xi to host South Korea's Lee in New Year amid Japan tensions

China's Xi to host South Korea's Lee in New Year amid Japan tensions

Xi's invitation to Lee for a state visit from Sunday is a calculated move aimed at deepening bilateral relations especially before the South Korean leader visits Japan, analysts say.

<China's Xi to host South Korea's Lee in New Year amid Japan tensions - Asia & Pacific - The Jakarta Post>

VinFast leads EV brands in ASEAN as gas-powered car sales stutter

VinFast leads EV brands in ASEAN as gas-powered car sales stutter

Japan giants cede road to Chinese makers, but Vietnamese brand leads from home

<VinFast leads EV brands in ASEAN as gas-powered car sales stutter - Nikkei Asia>

ASEAN to host Trump at summit as US and China seek to avert trade war escalation

ASEAN to host Trump at summit as US and China seek to avert trade war escalation

The Association of Southeast Asian Nations will press for trade multilateralism and deeper ties with new partners, while managing the fallout from Trump's global tariff offensive at its annual meeting in Malaysia's capital.

<ASEAN to host Trump at summit as US and China seek to avert trade war escalation - Asia & Pacific - The Jakarta Post>

Trump tariffs shine spotlight on Chinese targeting Southeast Asian consumers

Trump tariffs shine spotlight on Chinese targeting Southeast Asian consumers

Trade war with US prompts businesses to focus more on ASEAN region

<Trump tariffs shine spotlight on Chinese targeting Southeast Asian consumers - Nikkei Asia>

Wang Yi calls on Indonesia to oppose unilateralism

Wang Yi calls on Indonesia to oppose unilateralism

The two sides should jointly accelerate regional economic integration and maintain the stability of industrial chain and supply chain, China's Foreign Minister Wang Yi said.

<Wang Yi calls on Indonesia to oppose unilateralism - Asia & Pacific - The Jakarta Post>

RI delegation jets off to Washington for tariff negotiations

RI delegation jets off to Washington for tariff negotiations

The US is Indonesia's second largest export market after China. Experts have warned US trade policy could weigh on the archipelago's gross domestic product growth and to some extent lead to layoffs in impacted industries.

<RI delegation jets off to Washington for tariff negotiations - Economy - The Jakarta Post>

Chinese EVs chip away at Japan automakers' dominance in Indonesia

Chinese EVs chip away at Japan automakers' dominance in Indonesia

Government efforts to build industry prompt entry by Chinese carmakers

<https://asia.nikkei.com/Business/Automobiles/Electric-vehicles/Chinese-EVs-chip-away-at-Japan-automakers-dominance-in-Indonesia2>

Indonesia beauty brands struggle in battle with Chinese rivals

Indonesia beauty brands struggle in battle with Chinese rivals

Rise of Skintific, The Originote and others fuel downfall of homegrown products

<https://asia.nikkei.com/Business/Consumer/Indonesia-beauty-brands-struggle-in-battle-with-Chinese-rivals>

China cosmetics brands target growing Southeast Asian market

China cosmetics brands target growing Southeast Asian market

Skintific and Judydoll gain momentum with products tailored to local skin concerns

<https://asia.nikkei.com/Business/Consumer/China-cosmetics-brands-target-growing-Southeast-Asian-market>

'Indonesia is Too Big to Lean on Any Country': Luhut Defends BRICS Membership

'Indonesia is Too Big to Lean on Any Country': Luhut Defends BRICS Membership

Luhut Binsar Pandjaitan, a senior economic advisor to President Prabowo Subianto, said Thursday that BRICS newcomer Indonesia is "too big" to lean on any country, saying that Jakarta should not worry about ruffling US’ feathers by joining the alliance that includes China.

<https://jakartaglobe.id/news/indonesia-is-too-big-to-lean-on-any-country-luhut-defends-brics-membership>

A new journey in China-Indonesia relationship: Building a shared future

A new journey in China-Indonesia relationship: Building a shared future

We work closely in international and regional affairs, advancing China-ASEAN cooperation, maintaining peace and stability in the South China Sea, supporting the Palestinian national liberation cause and defending the common interests of the Global South.

<https://www.thejakartapost.com/opinion/2024/11/07/a-new-journey-in-china-indonesia-relationship-building-a-shared-future.html>

Indonesia's position on South China Sea ‘unchanged’, ministry says

Indonesia's position on South China Sea 'unchanged', ministry says

"We continue to have dialogue behind the scenes and other diplomatic efforts to address this issue proportionally with other countries," a Foreign Ministry spokesperson said.

<https://www.thejakartapost.com/world/2024/11/01/indonesias-position-on-south-china-sea-unchanged-ministry-says.html>

Inauguration of the AEC and Its Impacts on Relation between Singapore and Indonesia(45)

Comparative Research on Relationship of Singapore and Indonesia in the AEC Aspect

Along with Africa and South America, the ASEAN has been looked down on as a symbol of an underdeveloped area. Thus, major powers encompassing America, China and the EU would remain invincible if the ASEAN members try to compete with them individually. 

However, situation would be different if joint efforts of the 10 countries to confront superpowers is designed and implemented. The countries will be surely observing their confidence built up step by step.

Advent of the Era of the AEC and Its Impact on Singapore and Indonesia(46)

Comparative Study on the Perception and Response of Singapore and Indonesia

In this realistic angle, it is no wonder that a tough itinerary is forecasted on the way to the substantial realization of the AEC. In spite of the pessimism surfaced, the importance of the birth of a sizable single market shouldn't be underestimated. 

Along with Africa and South America, the ASEAN has been looked down on as a symbol of an underdeveloped area. Thus, major powers including America, the EU and China would remain invincible if the ASEAN members try to compete with them individually. 

 

The establishment of the AEC and its implication for South Korea(9)

The establishment of the AEC and its implication for South Korea

For instance, Japan has been striving to enhance its clout on the AEC by devoting itself to heavy investment on the infrastructure and key industries. Korean business people navigating new growth engines have unanimously pointed out that Japanese business presence is dominant in the region. 

Moreover, China is speeding up recently by utilizing its extensive networks across the region. China has maintained robust retail and wholesale channels in most part of the ASEAN since around the 16~17th century when the Western forces first embarked on their rush to Southeast Asia.

 

The establishment of the AEC and its implication for South Korea(11)

The establishment of the AEC and its implication for South Korea

Worries are prevailing that South Korea is way behind not only the running Japan but also the flying China. Other major players including Australia, America and the North Europe don't sit idle as well. 

Prediction is that the ASEAN may play a crucial role of the last resort to save South Korea suffering from chronic weak growth. Needless to say, systematic and long-term approach is desperately needed in the unprecedented era of the AEC.

 

The establishment of the AEC and its implication for South Korea(10)

The establishment of the AEC and its implication for South Korea

South Korean business people navigating new growth chances have unanimously pointed out that Japanese business presence is dominant in the region. Moreover, China is speeding up recently by utilizing its extensive networks across the region. 

China has maintained robust retail and wholesale channels in most part of the ASEAN since around the 16~17th century when the Western forces first embarked on their rush to Southeast Asia. Unlike competitors heading forward, South Korea is often regarded encountered with shabby circumstance.

The establishment of the AEC and its implication for South Korea(11)

The establishment of the AEC and its implication for South Korea

Worries are prevailing that South Korea is way behind not only the running Japan but also the flying China. Other major players including Australia, America and the North Europe don’t sit idle as well.

Prediction is that the ASEAN may play a crucial role of the last resort to save South Korea suffering from chronic weak growth. Needless to say, systematic and long-term approach is desperately needed in the unprecedented era of the AEC.

The establishment of the AEC and its implication for South Korea(10)

The establishment of the AEC and its implication for South Korea

South Korean business people navigating new growth chances have unanimously pointed out that Japanese business presence is dominant in the region. Moreover, China is speeding up recently by utilizing its extensive networks across the region. 

China has maintained robust retail and wholesale channels in most part of the ASEAN since around the 16~17th century when the Western forces first embarked on their rush to Southeast Asia. Unlike competitors heading forward, South Korea is often regarded encountered with shabby circumstance. 

The establishment of the AEC and its implication for South Korea(6)

The establishment of the AEC and its implication for South Korea

In spite of the skepticism raised, the importance of the birth of a sizable single economic community shouldn't be underestimated. Along with Africa and South America, the ASEAN has been called as the symbol of underdeveloped areas. 

Thus, major powers like America, the EU and China would remain invincible if the ASEAN members try to compete with them individually. However, situation would be different if joint efforts of the 10 countries to cope with superpowers is designed and carried out.