Fri, 17 May 1996

RI, China to cooperate

JAKARTA (JP): Indonesian Minister of Finance Mar'ie Muhammad met with his counterpart from China, Minister Liu Zhongli, on Wednesday to sound out better cooperation in the financial sector.

Mar'ie said one possible area of cooperation could be avoiding double taxation to improve two-way trade and investment flows.

He said Indonesia must anticipate investment from China.

"In terms of investment, China is starting to look abroad now," he said. (rid)