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Would southeast Asian nations choose the U.S. over China?

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A recent survey suggests that more than half of the people in Southeast Asia would favor China over the United States if compelled to make a choice.

  • Growing Preference for China: A survey by the ISEAS-Yusof Ishak Institute indicates that over half of Southeast Asians would choose China over the United States, signaling a significant shift in regional preferences.

  • Distrust of Beijing: Despite acknowledging China’s economic influence, respondents expressed widespread distrust of Beijing, particularly concerning its potential for economic coercion and military aggression.

  • Economic Concerns Prevail: While geopolitical tensions between the US and China persist, the primary concerns for Southeast Asians revolve around economic issues such as unemployment, recession, and climate change, highlighting the region’s focus on economic stability and development.

The State of Southeast Asia 2024 survey, released this week, reveals a significant shift in preferences.

Approximately 50.5 percent of respondents expressed a preference for China, marking an increase of over 11 percentage points compared to the previous year.

This marks the first time that China has been favored over the US in the survey’s history.

China was also identified as the most influential economic power in the region by a majority of respondents, with 59.9 percent choosing it over the US.

Despite recognising China’s economic clout, the survey also highlighted widespread distrust of Beijing, with 67.5 percent of respondents expressing concerns about its growing economic influence.

ASEAN, China adopt framework for crafting code on South China Sea …

Major countries

This sentiment was particularly pronounced in countries such as Vietnam, Myanmar, Thailand, and the Philippines.

Concerns about potential coercion by China, both economically and militarily, were shared by just over half of the respondents, while 45.5 percent expressed a lack of trust in China.

Bonnie Glaser, managing director of the Indo-Pacific programme at the German Marshall Fund of the United States, characterised the survey results as reflective of the complex relationship between Southeast Asian nations and China.

Glaser said that while countries in the region acknowledge China’s growing influence, they also harbor concerns about potential economic coercion and threats to sovereignty.

Ian Chong, a non-resident scholar at Carnegie China, cautioned that the survey results should be interpreted as a snapshot of sentiments during January and February of 2024.

Chong suggested that the shift towards China may be influenced by anti-US sentiment related to geopolitical events, such as the conflict between Israel and Hamas.

Despite geopolitical tensions between the US and China, the economy emerged as the primary concern for respondents. Unemployment and the prospect of recession were cited as the top concerns, followed by climate change and intensifying economic tensions between major powers.

The survey also identified Israel’s war in Gaza as the most pressing geopolitical concern in the region, with significant attention from countries like Malaysia, Brunei, and Indonesia.

Concerns were raised about the potential for the conflict to fuel religious extremism and undermine international law and order.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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