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.
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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.
In Short:
– Hamas called Trump a racist but believes he may help facilitate peace with Israel.
– Ongoing negotiations are uncertain, with Hamas optimistic despite lacking formal guarantees.
Hamas has called Donald Trump a racist and a “recipe for chaos.” However, a phone call from Trump convinced Hamas that he might facilitate a peace deal with Israel, even if they surrender their hostages.
Under the agreement, which began on Friday, Hamas will release hostages without a commitment from Israel to withdraw. This decision is seen as precarious, with fears that hostilities may resume post-release, similar to events following a previous ceasefire.
During indirect negotiations, Trump’s involvement reportedly reassured Hamas leaders, bolstering their confidence in a lasting ceasefire.
Future Uncertain
Negotiations continue over details such as the timetable for Israeli troop withdrawal.
The mediating role of Qatar and Turkey has been pivotal, alongside U.S. participation, in moving discussions forward.
Hamas has shifted its stance on hostage retention, viewing it as detrimental to global support for their cause. Nonetheless, they received no formal guarantees regarding the progression towards a more comprehensive agreement to end the conflict.
Despite awareness of the risks involved in their gamble, Hamas leaders seem optimistic about ongoing talks, with pressures from mediators fostering a sense of seriousness in negotiations from both sides.
Trump’s anticipated visit to the region is expected to reinforce these developments, even as complexities remain in finalising the terms of the deal.
In Short:
– Trump plans a 100% tariff on China from November 1, sparking stock declines and heightening tensions.
– U.S.-China relations are strained, with potential severe impacts on U.S. industries due to export restrictions.
President Trump announced plans to impose a 100% additional tariff on China effective November 1, along with new export controls on crucial software products.
The decision follows China’s recent restrictions on rare-earth minerals, essential for industries like semiconductors and electric vehicles. Trump expressed disbelief over China’s actions, which have escalated tensions that had ostensibly improved after months of trade negotiations.
The tariff announcement sparked a significant drop in U.S. stocks, marking the worst day for the S&P 500 since April.
While some administration officials advocate restarting trade talks from scratch, there is a looming opportunity for both countries to negotiate before the tariffs take effect. Trump left room for negotiations, suggesting the timeline could allow for de-escalation.
Export Controls
The conflict between the U.S. and China underscores the volatile relationship between the two major economies. Beijing’s decision to tighten export controls aims to leverage its position and weaken Trump’s negotiating stance.
The U.S. government is evaluating additional countermeasures and sanctions in response. Observers note that while both countries have expressed a desire for dialogue, securing an enduring agreement has proven challenging, with past resolutions quickly unraveling.
The potential implications of these export restrictions could be severe for various U.S. industries. Firms have warned about significant production halts if they cannot access critical rare-earth elements from China. Analysts suggest that the situation could compel both sides to reconsider their positions to prevent further economic fallout.
Israel and Hamas agree to release hostages in U.S.-brokered deal, marking a potential turning point in Gaza conflict.
In a major diplomatic breakthrough, Israel and Hamas have agreed to release all remaining Israeli hostages under a U.S.-brokered framework. The deal pairs prisoner exchanges with an Israeli troop pullback and expanded aid access, marking a potential turning point in the two-year Gaza conflict.
The agreement, set for approval by Israel’s cabinet, could pave the way for lasting peace if both sides uphold the terms. It follows weeks of negotiations led by U.S. envoys and regional mediators in Egypt, Qatar, and Türkiye.
As international agencies prepare to facilitate aid and logistics, the world watches to see whether this fragile deal can hold and bring relief to millions affected by the war.
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