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

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


As global trade tensions rise, ASEAN faces a challenge: how to take advantage of the US and China without taking sides.

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

The Association of Southeast Asian Nations (ASEAN) unites eleven states, representing nearly 700 million people.

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

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

These come as Beijing has redoubled its efforts to expand its influence.

Meanwhile, Trump has imposed sanctions on Russian oil companies.

Plus Africa’s efforts against money laundering.



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