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China s Rise and Balancing in the Indo-Pacific: Taking Stock in 2021
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Events - Virtual Event | IndoPac Strategy & Thailand with Michael DeSombre - July - 2021
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Russia ousts China and USA from South-East Asia
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Reuters
The United States added its voice Wednesday to international calls pressing ASEAN to appoint a special envoy to Myanmar, with Secretary of State Antony Blinken saying the regional bloc had to act urgently to resolve a post-coup crisis there.
Blinken’s call and a similar one made by the U.N. human rights chief last week came amid a nearly three-month delay in the Southeast Asian bloc’s appointment of an emissary, indicating that ASEAN’s role in resolving the crisis has been rendered ineffective, one analyst told BenarNews, an RFA-affiliated online news service.
During Blinken’s first meeting with his counterparts from the 10 member-states in the Association of Southeast Asian Nations, the secretary “called on ASEAN to take joint action to urge the end of violence, the restoration of Burma’s democratic transition and the release of all those unjustly detained,” State Department spokesman Ned Price said in a statement.
The better-than-expected expansion of foreign direct investment into China during the first half of the year reflects foreign investors increasingly firm confidence in the Chinese economy, underpinned by the nation s steady economic growth upswing despite complex domestic and external conditions, according to experts and business leaders.
They also forecast that FDI into China will reach a new high in the near future, as the world s second-largest economy drives up economic growth, continuously improves its business environment and, with its effective control of COVID-19, becomes a safe harbor for FDI.
Some people used to worry the sluggish world economy and rising protectionism would have a negative impact on the inflow of FDI into China. It turns out the impact is quite insignificant, and the FDI growth, especially compared with that in 2019, was better than expected during the first half of the year, said Huo Jianguo, vice-chairman of the Beijing-based China Society f