Jakarta, June 17 -- Indonesian Finance Minister Purbaya Yudhi Sadewa met with his Chinese counterpart, Lan Fo'an, in Beijing on Wednesday as part of a strategic push to diversify Jakarta's sovereign funding and expand its international investor base.

"Indonesia is not waiting around," Purbaya said in a written statement, framing the high-level visit as a proactive move to secure long-term capital.

"We are taking early action to build a strong and sustainable financing foundation, ensuring that development continues despite global head-winds."

Unlike many emerging markets currently struggling with debt sustainability, Indonesian officials are leveraging the country's steady macroeconomic indicators to negotiate from a position of streng...