The ongoing border dispute between Thailand and Cambodia actually represents something of a strategic opportunity for China—can it use its influence with the two nations to bolster its argument that it is rising peacefully?
As a member of the UN Security Council, China has already called on the two parties to peacefully resolve the crisis, while supporting the UN view that the Association of Southeast Asian Nations should take a leading role in facilitating dialogue on the issue. China’s actions so far, then, appear to support its stated policy of securing an amicable, tranquil, and prosperous ASEAN neighbourhood, as well as its interests in boosting trade and security cooperation.
Still, China may have an opportunity to play a more prominent role in the resolution of the crisis through behind the scenes bilateral diplomacy in support of ASEAN’s objectives. The question is whether or not China will be able to take advantage of …
China and Thai-Cambodia Spat
CLMV economies Outlook by EIC Q1/2021
Within the region, Vietnam’s economy is projected the fastest growth due to ongoing strong exports performance for electronics products and a resilient domestic economy.
The global recession and COVID-19 pandemic heavily affected CLMV economies in 2020, resulting in major slowdown in Vietnam and Myanmar whereas Laos and Cambodia faced economic contractions from additionally specific negative factors.(more…)
CLMV’s economic growth crashes to two-decade low due to COVID-19
The COVID-19 crisis has caused the rate of economic growth in the CLMV bloc to be at its lowest in two decades, the CLMV economies could grow at 3.4 percent this year
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