Guangxi province in China and the Kingdom of Cambodia’s strategic geographic locations have positioned them as gateways for imports and exports for the ASEAN region.
The number of Chinese manufacturers waiting to inquire about moving their factories to Vietnam was like no other at a just-concluded annual expo of Southeast Asian businesses.
During the 20th China-ASEAN Business and Investment Summit in Nanning, the capital of south China's Guangxi Zhuang Autonomous Region, Lao Prime Minister Sonexay Siphandone sat down with CGTN's Liu Yang. The prime minister shared insights into the future development of both countries, the relationship between China and ASEAN nations, and his perspective on the benefits that the Belt and Road Initiative (BRI) has brought to the region.
Senior officials from China and the ASEAN countries gathered in Nanning, China to discuss the development of Version 3.0 of the China-ASEAN Free Trade Area (FTA) and the need to progressively enhance regional open cooperation.
Cambodia is confident of realising its goal of exporting 1 million tonnes of rice by 2025 as exports have reached over 400,000 tonnes in the first eight months of this year.
Like other countries in Asia, Malaysia has seen lower supplies and an increase in rice prices in recent weeks as hot weather threatens harvests.
Federation of Free Farmers national manager Raul Montemayor said traders are waiting on the Marcos administration’s next move, following the implementation of rice price ceilings.
Melissa Conley Tyler, Honorary Fellow of the Asia Institute under the University of Melbourne, has highlighted economic cooperation between the Association of Southeast Asian Nations (ASEAN) and Australia in her recent article published on the website The Conversation.