Chinese President Xi Jinping announced a new arrangement reached by Chinese and U.S. economic and trade teams after consultations including meetings in New York, while U.S. Treasury Secretary Scott Bessent confirmed that Washington and Beijing had extended their trade truce through January 10, 2027. The developments helped Indonesian equities rise 25 points, or 0.4%, to 6,325 in Friday morning trading, although the market remained on course for a third consecutive weekly decline as investors assessed elevated oil prices, public finances and upcoming economic data. Xi said China welcomed U.S. corporate investment and called for stronger communication, but restrictions on U.S. participation in sensitive technology sectors remained unchanged. A prediction market tracking Alibaba’s potential removal from the Chinese Military Companies list by June 30, 2027, priced the outcome at 24% YES and fluctuated around the announcement.