Tag: Southeast Asia
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Thailand’s Fruit Exports Hit $6.51 Billion in 2024, Durian Leads as China Remains Top Market
Thailand’s fruit exports soared to $6.51 billion in 2024, with the overwhelming majority, 97.4%, heading straight to China, according to the Trade Policy and Strategy Office TPSO. Fruit was the most valuable agricultural export last year, with durian, longan, mangosteen, ...
Vietnam’s VinFast Takes on China in Indonesia EV Market with Plant and 100,000 Charging Stations
Vietnamese automaker VinFast is making a major push into Indonesia’s electric vehicle EV sector with a planned $1.2 billion investment, including a $200 million EV manufacturing plant in West Java and an EV charging network worth up to $1 billion.
Vietnam-China Trade Tops $31 Billion in Early 2025, Exports Decline as Beijing Tightens Controls
Vietnam’s trade with China surged in early 2025, but not in Vietnam’s favor. Fresh data shows that while imports from China are rising, Vietnamese exports are struggling to keep up. In the first two months of 2025, bilateral trade exceeded ...
Thailand Defends BRICS Membership as China Expands Influence Amid Geopolitical Shifts
Thailand’s Foreign Minister Maris Sangiampongsa defended the country’s decision to join BRICS on Monday, stating that membership is in the national interest and will enhance economic growth, technological cooperation, and Thailand’s role in global governance. Addressing Senate questions on ...
China’s EV Battle Heats Up in Indonesia: Wuling Overtakes BYD in Surprise Shake-Up
China’s electric vehicle (EV) battle is intensifying in Indonesia, which has become a key battleground for EV dominance. In a surprise upset, Wuling Motors has overtaken BYD as the best-selling Chinese EV brand in February 2025, signaling a major shift ...
VinFast Ships 2,500 EVs to Indonesia as Chinese Automakers Cement Their Lead
Vietnamese EV manufacturer VinFast is accelerating its presence in Indonesia, a market where Chinese automakers dominate. As VinFast ramps up shipments and prepares for local production, the battle for Indonesia’s booming electric vehicle market intensifies.
China’s Geopolitical Blueprint on the Global South, Asia, and World Order: Wang Yi Speaks Out
The world is shifting, and China wants everyone to know where the momentum is coming from. “The wind rises from the South, and the tide comes from the South,” declared Foreign Minister Wang Yi at the Two Sessions press conference on Friday. ...
Vietnam’s 2025 Economic Surge: China’s Dual Role Boosts Growth but Deepens Trade Deficit
Vietnam’s economic story in the first two months of 2025 took an interesting turn, driven largely by deepening ties with China. While the country enjoyed robust export gains and a surge in foreign direct investment (FDI), its trade deficit with ...
How China Can Capitalize on Indonesia’s New $900 Billion Investment Fund
China has a prime opportunity to expand its economic presence in Indonesia through the newly established Daya Anagata Nusantara Investment Board (Danantara). Announced by President Prabowo Subianto, Danantara will manage $900 billion in assets, consolidating key state-owned enterprises (SOEs) into a centralized investment body. ...
Thailand Maintains Neutral Stance Amid China-U.S. Rivalry, Urges Stronger ASEAN Ties
As China’s influence grows across Southeast Asia, Thailand is carefully treading a fine line, choosing not to side with either Beijing or Washington. At an event on Tuesday, Deputy Prime Minister Phumtham Wechayachai explained that Thailand's foreign policy needs ...
Philippine Ambassador to U.S. ‘Confident’ Trump-Era Ties Will Stay Strong
The Philippines' ambassador to Washington said on Monday he was "confident" the two countries' military ties would remain strong under the Donald Trump administration, while also acknowledging the unravelling of the U.S.-Ukraine relationship. China and the Philippines have been involved in ...
Phase 3 of the Belt & Road Initiative: Develop New Supply Chains
Princeton University Post-Doctoral Researcher Kyle Chan recently published a fascinating new map of that shows the surge of Chinese manufacturing investment around the world between 2019 and 2024. Unsurprisingly, the map reveals heavy investment in Southeast Asia but relatively little in Africa ...