Finance Minister Purbaya Yudhi Sadewa has departed for a five-day work visit to China to increase cooperation on bond issuances and local currency transactions.
China's Finance Minister Lan Fo'an (left) and Indonesian Finance Minister Purbaya Yudhi Sadewa (right) shake hands ahead of a meeting on June 17, 2026, held in the former's office in Beijing. (Courtesy of Finance Ministry/-)
Finance Minister Purbaya Yudhi Sadewa has departed for a five-day work visit to China to increase cooperation on bond issuances and local currency transactions (LCT).As part of the visit scheduled to last from Tuesday to Saturday, Purbaya met his Chinese counterpart, Finance Minister Lan Fo’an, at the latter’s office in Beijing on Wednesday.
He dismissed any impression that the trip signaled helplessness on Jakarta’s part amid concerns over the domestic economy and the exchange value of the rupiah.
“We came to Beijing not out of desperation, but because Indonesia has a strong position to build mutually beneficial cooperation. When the economic foundation is strong, we have room to act more strategically and confidently,” Purbaya was quoted as saying in a statement released after the meeting.
