Tag: Southeast Asia
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China in Focus as ASEAN Pushes Back on U.S. Tariffs at Kuala Lumpur Summit
By Jan Hennop and Isabelle Leong Southeast Asian leaders met Monday in Kuala Lumpur for their first summit since U.S. President Donald Trump's tariffs upended global economic norms, with the trade-dependent nations expected to issue a joint message of deep concern. ...
Macron Arrives in Vietnam, Offers French Partnership Amid U.S.-China Rivalry
By Tran Thi Minh Ha French President Emmanuel Macron arrived in Vietnam on Sunday for the first leg of a tour of Southeast Asia, where he will pitch his country as a reliable alternative partner to the United States and China. ...
Indonesia, China Expand QRIS, Cross-Border Payment in Local Currency
Indonesia and China have renewed and expanded a key financial agreement to promote the use of local currency in bilateral transactions and cross-border payments QRIS. Bank Indonesia and the People's Bank of China signed the updated Memorandum of Understanding (MoU) at the Merdeka Palace in Jakarta ...
U.S. Tariff Tensions Test Southeast Asian Leaders at Regional Summit
By Jan Hennop in Kuala Lumpur and Martin Abbugao in Singapore Southeast Asian leaders will express deep concern over U.S. President Donald Trump's tariff blitz when they meet at a summit Monday, warning that the unilateral move poses huge challenges to ...
The Inaugural ASEAN-GCC-China Summit: Economic Aspirations Amid Strategic Ambiguity
BY Sufian Jusoh and Joanne Lin The ASEAN-GCC-China Economic Summit, set to take place in Kuala Lumpur on 27 May, under the Malaysian Chairmanship of ASEAN, marks a significant diplomatic first. It will bring together leaders from ASEAN, ...
China and ASEAN Finalize Free Trade Agreement Third Upgrade
China and the Association of Southeast Asian Nations (ASEAN) have concluded negotiations on the upgraded China–ASEAN Free Trade Area (CAFTA 3.0). The new CAFTA 3.0 deepens regional economic integration by expanding digital trade, green development, and cross-border supply chain cooperation commitments. ...
ASEAN Eyes Closer China Trade Ties Ahead of Summit
Malaysia's Prime Minister Anwar Ibrahim said ahead of a high-stakes ASEAN summit set to open Monday in Kuala Lumpur, Southeast Asia’s 10-nation bloc is called to deepen trade ties with China and other partners as it faces sweeping U.S. tariffs. Prime ...
Philippines Says China Coast Guard Fired Water Cannon,’Sideswiped’ Govt Vessel
The Philippines fisheries bureau accused the China Coast Guard on Thursday of firing water cannon and sideswiping a Filipino government vessel while it collected sand for a research project. China and the Philippines have engaged in months of confrontations in the ...
Thailand 2025 Growth Slashed Amid China Slowdown, U.S. Tariffs
Thailand’s economic planning agency sharply lowered its 2025 GDP growth forecast amid global trade tensions, weak domestic demand, and a slowdown in Chinese tourism. The National Economic and Social Development Council (NESDC) on Monday revised Thailand’s 2025 growth forecast to ...
Chinese EV Battery Giant CATL Shares Surge in Hong Kong IPO
Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest EV battery manufacturer, saw its shares surge more than 16% during its debut on the Hong Kong Stock Exchange on Tuesday, following a $4.6 billion initial public offering (IPO). The listing ...
Vietnam Criticizes China–Cambodia Joint Military Drills, Citing Regional Stability
Vietnam has expressed concern over the commencement of “Golden Dragon 2025,” the largest joint military drill between China and Cambodia, calling on all countries to uphold international law and contribute to peace in the region. “We believe that ...
Cambodia, China Begin Largest-Ever Military Drills
Cambodia and China on Wednesday began their largest-ever joint military exercises, involving advanced Chinese military hardware including artillery, warships and robot battle dogs. Cambodia has long been a staunch ally of China, receiving billions of dollars in investments, and Washington has ...