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Introduction

Opening up to new ideas and influences creates opportunities and affects changes in political and economic policies. Nations and countries with various different economic and political policies will surely have different outcomes and impacts to the state of their nation today. China and Indonesia are two of the world’s largest countries. And combined, they account for nearly 30 per cent of the developing world population. 

At the beginning, the economic and political conditions of China and Indonesia can be described as those of underdeveloped agrarian economies. Both China and Indonesia had political institutions dominated by their respective leaders (Sukarno in Indonesia and Mao in China) at the founding of the two republics. However, the rule of Sukarno and Mao both ended in economic disasters where development was severely set back. And in the aftermath, both countries commenced on a journey attempting and aiming for economic prosperity. As a result, both China and Indonesia’s economies subsequently experienced decades-long of rapid economic growth along with increasing integration into the global economy. These two countries were then both affected by the Asian financial crisis and they share astounding similarities in their economical and political development. However, along with their similarities, the two countries are sure to also have just as much differences regarding their economic and/or political policies. 

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