Categories: World

Can Southeast Asia turn its economic weight into real power? | Business and Economy


As global trade tensions rise, ASEAN faces a challenge: how to benefit from the US and China without picking sides.

It is the world’s fifth-largest economy, with a combined gross domestic product of more than $3.6 trillion dollars.

The Association of Southeast Asian Nations (ASEAN) brings together 11 states, representing nearly 700 million people.

As a fast-growing hub for trade, manufacturing and supply chains, ASEAN is a vital partner for both China and the United States.

However, Donald Trump’s tariffs on some of its members have raised concerns about whether Washington has turned its back on the region.

These come as Beijing has doubled down on its efforts to expand its influence.

Meanwhile, Trump has sanctioned Russia’s oil companies.

Plus, Africa’s anti-money laundering efforts.



Source link

admin2

Share
Published by
admin2

Recent Posts

Value Is in the Eye of the Beholder

I started in the financial publishing industry as a “temp” back in 2011. I spent…

52 minutes ago

Israeli attacks kill four in southern Lebanon | Israel attacks Lebanon News

Raids on a truck and a motorcycle in the town of Yohmor al-Shaqif kill four…

60 minutes ago

Traders Bet Against XRP, Yet Accumulation Persists – Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Over the…

1 hour ago

The Curator: Beginner’s guide to buying bikes for 2026 – find your perfect ride – National

By Robyn Fiorda The Curator Team Posted April 25, 2026 7:00 am 1 min read…

2 hours ago

McDavid scores, but Oilers’ defence leaky

ANAHEIM – Connor McDavid scored his first goal and produced his first multi-point game of…

6 hours ago

Treasury Yields Snapshot: April 24, 2026

The yield on the 10-year note finished April 24, 2026 at 4.31%. Meanwhile, the 2-year…

6 hours ago