SE Asian economies gowing more dependent on China
- 8 Sep 2017 at 13:13
- WRITER: REUTERS
Chinese President Xi Jinping, right, greets Thailand's Prime Minister Prayut Chan-ocha before a group photo of the Emerging Market and Developing Countries meeting at the BRICS Summit, in Xiamen, China, on Tuesday. (AP photo)
HONG KONG -- Southeast Asia appears to be on a roll.
The Philippines is boasting the second-fastest growing economy in Asia, Malaysia has posted its best growth figures in more than two years and Thailand in more than four.
The growth is being fuelled by China, whose expanding economic presence is propping up fundamental weaknesses around Southeast Asia. It also underlines China's dominance in a region that will be under increasing pressure to follow Beijing's lead.
20 Nov 2017 at 17:18
20 Nov 2017 at 15:49