Wednesday’s elections in Malaysia stunned observers by sweeping in the very first opposition party government since it became an independent country in 1957. New prime minister Mahathir bin Mohamad, remembers 1957 quite well as he is currently 92 years old, becoming the world’s oldest serving prime minister when he assumed his duties on Friday. In addition to shaking up the Malaysian political scene, Mahathir’s victory may also jeopardize huge infrastructure deals with China that are part of Beijing’s vast “One Belt, One Road” trade initiative. … [Read more...] about Shock Election in Malaysia Threatens ‘One Belt, One Road’ Deal with China
China malaysia strategic partnership
Participating representatives of the US and ASEAN celebrated the growth of political, security, economic and cultural ties between the sides, reflected through implementation outcomes of their action plan for 2016 – 2020. The plan saw 83 out of its 95 activities and projects carried out. A number of fruitful US-supported programmes in ASEAN included the Trade & Investment Framework Agreements, Expanded Economic Engagement (E3) Initiative, US-ASEAN Connectivity through Trade and Investment project, Young Southeast Asian Leaders initiative, and Lower Mekong Initiative. The ASEAN member countries praised the Trump Government for maintaining its commitment to the bloc and stated their willingness to work with the nation to increase ASEAN self-reliance and realise the ASEAN Community Vision 2025. ASEAN and the US agreed to effectively implement their action plan for 2016 – 2020, particularly in such realms as free trade – investment, digital economics, connectivity, … [Read more...] about ASEAN, US hold 31st dialogue in Malaysia
China has for years been ASEAN’s biggest trade partner and top foreign investor, a political and economic organization whose current members include Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. … [Read more...] about Politics Vietnam premier backs ASEAN-China cooperation Authorities unveil plan to turn Da Lat into smart city
Li also stated that China will continue working with ASEAN in completing the COC within the next three years and in fully implementing the DOC, contributing to peace, stability, safe and free navigation and overflights, and free trade in the East Vietnam Sea. … [Read more...] about Politics Vietnam premier backs ASEAN-China cooperation Banknote look-alike envelopes raise legal eyebrows in Vietnam
The two sides should also avoid the militarization or complication of the situation, developing an effective and substantive code of conduct (COC), and fully and seriously implementing the Declaration on the Conduct of Parties in the East Vietnam Sea (DOC). … [Read more...] about Politics Vietnam premier backs ASEAN-China cooperation Look out, 2019!