China–Indonesia relations China–Indonesia relations China–Indonesia relations refer to the foreign relations between China and Indonesia. The relations between two nations have been ongoing for centuries, and were officially recognized in 1950. However the diplomatic relationship between the two states was suspended in 1967, and then resumed in 1990. China has an embassy in Jakarta and consulates in Surabaya and Medan, while Indonesia has an embassy in Beijing and consulates in Guangzhou, Shanghai and Hong Kong. Both countries are among the largest nations in Asia in terms of both area and population, China is the most populous nation on earth, while Indonesia has
Insurance industry in China became the second largest insurance company in the world in terms of market capitalization although the value has kept declining since the stock market peak of 2008.) As of 2007, China had 100 insurance companies, 59 of which are domestic-funded and the rest 41 are foreign-funded. And five Chinese insurance companies including the People's Insurance Company of China, China Life Insurance, Ping An Insurance Company of China, China Insurance International Holdings Co., Ltd. (CIIH) and China Pacific Insurance have listed at home and abroad. China Life Insurance had about a 50% share of the life insurance market; Ping An Life