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NEWS UPDATES Asean Affairs        2 February 2011

China biggest deficit creator to Indonesia

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China is the biggest trade deficit creator in Indonesia's trade balance compared to any other country, reaching US$5.6 billion (Rp 50.5 trillion) throughout 2010, a top official at the Central Statistics Agency (BPS) says.

Several countries "assemble" products in China, making it the world's biggest exporter, BPS chairman Rusman Heriawan said Tuesday.

"Products made in China are worth more than the amount of investment there, because several European brands, for example, assemble their products in China. Therefore, a lot of final products are exported from there," Rusman told the press at his office in Jakarta.

He added that the other biggest trade-deficit contributors to Indonesia included Singapore, Thailand ($3.37 million) and Australia ($1.73 million).


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ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs  
04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

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