Business Maverick: Biden’s renewed push in Southeast Asia sees more in favour of US

A survey of 1,308 Southeast Asians by the ISEAS-Yusof Ishak Institute published on Thursday showed America’s popularity reached 61.1%, up from 57.0% last year. That compares to 38.9% of the respondents who chose China, further widening the popularity gap between the major powers.

US is shoring up its security presence in the region with nations expressing concern over the potential for conflict as China asserts greater military control in the waters around Taiwan and in the South China Sea. “The worry over China’s exercise of its strategic and economic influence is always present in this region, but the sense is that China, under President Xi, has abandoned the strategy of ‘hiding strengths, biding time’,” said Seah. “This makes it harder for the region to handle China’s responses and counter-responses.”

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: China eases housing curbs in Wuhan, paving way for other cities to followA major city in China has eased a key restriction on housing purchases, paving the way for more cities to follow suit and prop up demand as the property slump in the world’s second-biggest economy drags on.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Xi calls for China’s modernisation path to surpass capitalismChina must work to create a path to modernisation that is more efficient than capitalism and better safeguards social justice, President Xi Jinping told top officials. Now that's leadership - the realization that the welfare of society can't be wholly left in the hands of the market. That also business doesn't exist for itself. PhumlaniMMajozi
Source: dailymaverick - 🏆 3. / 84 Read more »