Podcasts about asean economic community

Deputy Secretary General of the ASEAN Economic Community, Satvinder Singh, talks about ASEAN from a macroeconomic perspective. Touching the region's economic initiatives and breakthroughs—from digital economy, carbon neutrality, to inter- and intra-region trade. #Endgame #GitaWirjawan #SatvinderSingh ---------------------- About the Guest: Satvinder Singh is the Deputy Secretary-General of ASEAN for the ASEAN Economic Community (2021—2027) where he leads and advises the implementation of the AEC Blueprint 2025 and oversees the AEC Department at the ASEAN Secretariat. He has over 27 years of experience in local, regional, and global management positions across SEA. About the Host: Gita Wirjawan is an Indonesian entrepreneur, educator, and Honorary Professor of Politics and International Relations at the School of Politics and International Relations, University of Nottingham. He is also a visiting scholar at The Shorenstein Asia-Pacific Research Center (APARC) at Stanford University (2022—2024) and a fellow at Harvard Kennedy School's Belfer Center for Science and International Affairs. ---------------------- To discuss and explore more of this episode, visit: https://endgame.id/ ---------------------- Episode notes: https://sgpp.me/EGepsnotes

The Association of Southeast Asian Nations (ASEAN) aims to create a highly integrated regional economy by 2025. Known as the ASEAN Economic Community (AEC), the initiative faces many obstacles that may hinder the achieving of its goal. To understand the obstacles and opportunities, we speak to Dr Denis Hew. Currently Senior Research Fellow at the Centre on Asia and Globalisation, Lee Kuan Yew School of Public Policy, Dr Hew has served as Director of the Asia-Pacific Economic Cooperation Policy Support Unit. He also spent time managing technical assistance programmes on regional cooperation and integration at the Asian Development Bank. Dr Hew has published extensively on policy issues related to economic integration in ASEAN and the Asia-Pacific region.See omnystudio.com/listener for privacy information.

Amid increasing globalisation, ASEAN aims to become a more dynamic and stronger segment of the global supply chain and is determined to look beyond the borders of the ASEAN Economic Community by Integrating into the Global Economy through ratifying Free Trade Agreements. Tune in to the podcast and learn about Mega Free Trade Agreements within ASEAN from Dr Suthipand Chirathivat, Professor Emeritus of Economics, and a former Executive Director at ASEAN Studies Centre, Chulalongkorn University, Bangkok, Thailand.   To find out more about our work, visit our website at www.ideas.org.my.

According to the 2025 AEC Blueprint, part of the goal for ASEAN is to continue to reduce or eliminate border and behind-the-border regulatory barriers that impede trade to achieve competitive, efficient, and seamless movement of goods within the region. Chris Humphrey, Executive Director, EU-ASEAN Business Council shares how work within the ASEAN Economic Community can be accelerated and how the recent announcement of the G7's global tax reform plan at their meeting will affect this part of the region.  See omnystudio.com/listener for privacy information.

It's all about ASEAN! This week, Hannah and Gary take a journey through the history of ASEAN, the Association of South East Asian Nations. Established in 1967, ASEAN brings together the 10 countries of the hugely diverse region of South East Asia. Since founding the ASEAN Economic Community in 2015, ASEAN has positioned itself as a "Third Force" in Asia Pacific, after China & India. Will it expand further (Timor Leste, Australia?), and why is ASEAN integral to the newly signed RCEP trade agreement in Asia Pacific? Most importantly, how will ASEAN influence the future of the aviation, cruise, travel and tourism sectors in a post-pandemic world? Will there be an ASEAN Air Travel Bubble, and can South East Asia really be promoted as a single tourism destination? Show notes here: https://www.theseasiatravelshow.com/episodes/ep-51-what-is-asean-why-is-it-important-for-travel-tourism/

今日はAECの政治について話をしたいと思います。AECとはアセアンエコノミックコミュニティー（ASEAN Economic Community）の事です。イギリス離脱でECの今後がちょっと分からなくなった一方で、ASEANを一体的に運営しようという話が2015年くらいから始まりました。 それぞれの国がどうなっているのかですけど、日本は、タイに拠点を置いてASEANマーケットを攻めるというような事をずっとやってきたわけです。しかし、どちらかというと安定していた国が2014年の５月、もう６年くらい前になるのですけれども、軍事クーデターが起こってしまいタクシンが追い出されたのです。その後、妹のインラックさんが首相になったりしたのですけれどこの人も逃げちゃって、軍事政権のプラユットさんがずっと首相を務めています。この様な中で、去年の３月に総選挙がありました。総選挙はタクシン派のタイ貢献党が第一党になったのですが、首相が誰になったかというと、タクシン派ではなくて軍事政権の代表としてのプラユットさんが続投するという話になったのです。そういう意味では、軍政から民主制に本当に戻ったかというと、まだ軍政から出ていたプラユットさんが続投している状況なので、民主制に戻ったとはどうも言い難いです。あまり議席を取れなかった場合は連立政権を組むのですけど、プラユット首相が19党の連立政権という、とんでもなく沢山の党で連立政権を作ったのです。タイ国民はどっちかというと海外に逃げちゃったタクシンだとかインラックとかを支持している人達が多いという事で、まだちょっと戦いの名残がプスプス残っているという状況ですね。 次にインドネシアをちょっと見てみると、インドネシアの人口はAECの中で最大で、日本の２倍の２億６千万ぐらいです。６年位前の2014年10月、ジョコ氏が大統領になりました。そして、去年の８月に面白い事を言って、皆ビックリしたのです。今インドネシアの首都ってどこか知っています？　ジャワ島のジャカルタですけれども、ジャカルタがどうなっているかというと、東京の三分の一くらいしか面積がない所に、１千万人ぐらい住んでいるのです。そして、周辺に３千万人ぐらい住んでいるので、世界一の交通渋滞・大気汚染と言われて、最悪の状況になっているのですよ。去年の８月に何言ったかっていうと、2024年にボルネオ島へ首都を移転する、です。しかし、本当に移転するのでしょうか。そもそも、この人がずっと大統領で居続けるのかもよく分からないのですけれども、これから一体どうなるかちょっと楽しみという所ですよね。 最近の人気国として、ベトナムとかミャンマーがあります。ベトナムはご存じだと思いますけど共産党の一党支配ですよ。中国と同じ共産党支配なので中国と親しいわけですけれども、米中貿易戦争のため中国で作ってアメリカに輸出してしまうと関税がかかるというので、とりあえず販売拠点は中国に置いたままだけど、製造拠点はベトナムに移すかというような企業が結構出てきています。それから、過去にASEANで自動車を作るという試みは何度もあり失敗の連続だったのですが、ベトナムのビン・グループによる挑戦が始まりました。マレーシアのプロトンとか、インドネシアのティモールとか、アジア各国は国産車を是非作りたかったのです。自動車産業は裾野が広いので、ちゃんと自分の国で作れたら物凄い産業が立ち上がるという事で、皆頑張りたいわけです。ところが、マレーシアのプロトンは、中国の吉利自動車に売却されちゃってもうありません。また、インドネシアのティモールは生産終了しました。今回、ベトナムのビン・グループというベトナム最大のグループが、自動車産業をやるぞと去年の６月くらいから自動車の製造を開始しました。４千億円ぐらい投資して、ドイツに工場を作ってもらったり、イタリアにデザインを見てもらったりして、中々良い物を作ろうとしたのですけれど、どのくらい売れたかというと去年半年で１万5300台、国内シェアにして３％くらいです。折角国産車作ったのにそれしか売れないのというのが今の状況で、お金に困ってしまって資金調達が必要です。しかし、ベトナムにそんなお金はないだろうという事で、タイバーツ社債を発行しようとしたのです。ドルやユーロとかではあまり知られてないし無理があるが、アセアンの中であればいいじゃないかと。普通は自国の通貨で社債を発行するわけです。ところが、そんな金融市場がベトナムにはありません。そこで、ASEANの経済の中心であるタイでバーツ社債を発行して資金調達をしようとしています。これは先の話なので、本当に出来るかどうかまだ分からないのですけども、どうなるかちょっと楽しみな状況ですね。 ミャンマーには、ノーベル賞を受賞したスー・チーさんがいます。ところが、ロヒンギャ族の人権侵害でちょっと悪い噂が色々立ち始めています。ミャンマーの軍隊がイスラム教のロヒンギャを虐めた結果70万人のロヒンギャ族がバングラデシュに逃げたので、これは国際的な人権侵害事件だと言われています。スー・チーさんは色々言い訳しているのですけれど、中々説得力がないという状況です。 今日のまとめです。ASEANがAECという一つのコミュニティになろうとしたわけですけども、皆それぞれの事情があってそう簡単にはなりません。ゆっくりと一つの地域になるべく関税を引き下げたり、自分の所の企業を他の国に行くような事が始まっているのですけれども、それぞれ政治的な理由もあって中々思うようには進んでいないという状況です。

Aira Azhari spoke to Azam Wan Hashim, Researcher at IDEAS about the ASEAN Prosperity Initiative, a project by IDEAS that measures the implementation of the ASEAN Economic Community. Visit the project site here.

People in power tell us constantly that China is a threat but... Why? In this episode, we explore the big picture reasons why China poses a threat to those in power in the United States and what our Congress is doing to combat that threat. Spoiler alert: There's a another U.S. military build-up involved. Please Support Congressional Dish – Quick Links Click here to contribute monthly or a lump sum via PayPal Click here to support Congressional Dish for each episode via Patreon Send Zelle payments to: Donation@congressionaldish.com Send Venmo payments to: @Jennifer-Briney Send Cash App payments to: $CongressionalDish or Donation@congressionaldish.com Use your bank's online bill pay function to mail contributions to: 5753 Hwy 85 North, Number 4576, Crestview, FL 32536 Please make checks payable to Congressional Dish Thank you for supporting truly independent media! Recommended Congressional Dish Episodes CD116: TPP - The Environment Chapter CD115: TPP - Access to Medicine CD114: Trans-Pacific Partnership (TPP) Investment Chapter CD095: Secret International Regulations (TPA & TPP) CD060: Fast Track for TPP CD053: TPP - The Leaked Chapter CD052: The Trans-Pacific Partnership (TPP) Bills/Laws H.R. 5105: BUILD Act of 2018 Became law as a part of H.R. 302: FAA Reauthorization Act of 2018 BUILD Act text from FAA law Purposes for which support may be provided The new bank “may designate private, nonprofit organizations as eligible to receive support… to promote development of economic freedom and private sectors” and “to complement the work of the United States Agency for International Development and other donors to improve the overall business enabling environment, financing the creation and expansion of the private business sector.”  Powers of the new development bank The bank “shall have such other powers as may be necessary and incident to carrying out the functions of the Corporation” S. 2736: Asia Reassurance Initiative Act of 2018 Sec. 101: Policy “Promotes American prosperity and economic interests by advancing economic growth and development of a rules-based Indo-Pacific economic community”  Sec 102: Diplomatic Strategy To support the “Association of Southeast Asian Nations”, “Asia-Pacific Economic Cooperation”, and the “East Asia Summit” #1: Emphasize our commitment to “freedom of navigation under international law”  #7 : "Develop and grow the economy through private sector partnerships between the United States and Indo-Pacific partners" #8: “To pursue multilateral and bilateral trade agreements … and build a network of partners in the Indo-Pacific committee to free markets”  #9: To work with Indo-Pacific countries to pursue infrastructure projects and “to maintain unimpeded commerce, open sea lines or air ways, and communications”  Sec. 201: Authorization of Appropriations Authorizes $1.5 billion for each fiscal year 2019 through 2023 to be divided among the State Dept., USAID, and the Defense Dept.  Congressional Budget Office: The total authorization is almost $8.6 billion The money is allowed to be used for “foreign military financing and international military education and training programs”  The money is allowed to be used “to help partner countries strengthen their democratic systems”  The money is allowed to be used to “encourage responsible natural resource management in partner countries, which is closely associated with economic growth”  Sec. 205: United States-ASEAN Strategic Partnership Sense of Congress expressing the value of “strategic economic initiatives, such as activities under the United States-ASEAN Trade and Investment Framework Arrangement and the United States-ASEAN Connect, which demonstrate a commitment to ASEAN and the ASEAN Economic Community and build upon economic relationships in the Indo-Pacific region." Sec. 209: Commitment to Taiwan “The President should conduct regular transfers of defense articles to Taiwan”  Sec 213 Freedom of Navigation and Overflight; Promotion of International Law “It is the sense of Congress that the President should develop a diplomatic strategy that includes working with United States allies and partners to conduct joint maritime training and freedom of navigation operations in the Indo-Pacific region, including the East China Sea and the South China Sea, in support of a rules-based international system benefitting all countries.”  Sec. 215: Cybersecurity Cooperation Authorizes $100 million for each year (2019-2023) to “enhance cooperation between the United States and Indo-Pacific nations for the purposes of combatting cybersecurity threats.”  Sec. 301: Findings; Sense of Congress Free trade agreements between the United States and three nations in the Indo-Pacific region have entered into force: Australia, Singapore, and the Republic of Korea  According to the National Security Strategy, the United States will “work with partners to build a network of stated dedicated to free markets and protected from forces that would subvert their sovereignty.”  Sec. 304: Trade Capacity Building and Trade Facilitation (a) “The President is encouraged to produce a robust and comprehensive trade capacity building and trade facilitation strategy, including leveling the playing field for American companies competing in the Indo-Pacific region.”  Authorization of Appropriations:“There are authorized to be appropriated such amounts as many be necessaryto carry out subsection (a)."  Sec. 305: Intellectual Property Protection The President “should” take “all appropriate action to deter and punish commercial cyber-enabled theft of intellectual property” and orders a report on the government’s efforts to do so.  Authorization of Appropriations: “There are authorized to be appropriated to the United States Trade Representative such amounts as may be necessary  to sponsor bilateral and multilateral activities designed to build capacity in the identified priority areas” in the report  Sec. 306: Energy Programs and Initiatives Orders the President to create a strategy, updated every 5 years, to “encourage” Indo-Pacific countries to “implement national power strategies and cooperation with United States energy companies and the Department of Energy national laboratories”  Authorization of Appropriations: $1 million per year from 2019 through 2023 Sense of Congress: “the United States should explore opportunities to partner with the private sector and multilateral institutions, such as the World Bank and the Asian Development Bank, to promote universal access to reliable electricity in the Indo-Pacific region, including Myanmar (Burma)" Sec. 409: Authorization of Appropriations $210 million each year (2019-2023) to “promote democracy” and the money can be given to “universities, civil society, and multilateral institutions that are focusing on education awareness, training, and capacity building.” This money can be spent to “promote democracy” in China.  Sec. 411: Young Leaders People-to-People Initiatives Authorizes $25 million per year (2019-2023) to support the “Young Southeast Asian Leaders Initiative, the ASEAN Youth Volunteers program, and other people-to-people exchange programs that focus on building the capacity of democracy, human rights, and good governance activities in the Indo-Pacific region.”  Sec. 412: Savings Program “Nothing in this Act may be construed as authorizing the use of military force.”  HR 5515: John S. McCain National Defense Authorization for Fiscal Year 2019 Sec. 1252 Amends the NDAA for 2016, which authorized the South China Sea Initiative providing military equipment and training to Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, to change the name of the program to the “Indo-Pacific Maritime Security Initiative” and expands the authorization to include the Indian Ocean in addition to the South China Sea and the countries of Bangladesh and Sri Lanka. Adds India to the list of countries allowed to be paid for expenses, along with Brunei, Singapore, and Taiwan. Extends the expiration date from September 30, 2020 to December 31, 2025.  Sec. 1253 Changes the name of the military build-up authorized in NDAA 2018 from the “Indo-Asia-Pacific Stability Initiative” to the “Indo-Pacific Stability Initiative”. Changes the activities authorized to include an increase in “rotational and forward presence” of the US Armed Forces and adds the prepositioning of “munitions” in addition to equipment. Expands the options for funding by removing the requirement that funding come “only” from a section 1001 transfer authority. Requires a 5 year plan be submitted to Congress by the Secretary of Defense by March 1, 2019.  Public Law 115-91: National Defense Authorization Act for Fiscal Year 2018 Sec 1251  Authorized the “Indo-Asia-Pacific Stability Initiative” to “increase the presence and capabilities” of the United States Armed Forces in the region by building new infrastructure, “enhance the storage and pre-positioning in the Indo-Asia-Pacific region of equipment of the United States Forces”, and with military training and exercises with allies.    Sound Clip Sources Hearing: Democracy Promotion in a Challenging World Senate Foreign Affairs Committee, June 14, 2018. Transcript Watch on YouTube Witnesses: Carl Gershman - National Endowment for Democracy: President Daniel Twining - International Republican Institute: President Kenneth Wollack - National Democratic Institute: President Timestamps & Transcripts  1:43:38 Representative Michael McCaul (TX): I had a briefing yesterday in a classified setting on ZTE and Huawei, and their efforts to conduct espionage in this country. I’ve also seen them in Sri Lanka where they have burdened them with so much debt that they had to turn over a strategic port to the Chinese. We see the Chinese now in Djibouti for the first time, and we see them leveraging the continent of Africa into so much debt that they will be able to eventually take over these countries. They exploit them. They bring in their own workers—they don’t even hire the host countries’ workers—and they export their natural resources in what is this One Belt, One Road policy. 1:45:00 Carl Gershman: In March, The Economist magazine had a cover story on China, and the bottom line of the cover story was—and this is a direct quote—‘‘The West’s 25-year bet on China has failed.’’ The bet was that if China was brought into the World Trade Organization, was encouraged to grow economically, it would become a more liberal society and be part of the liberal world order. 1:46:26 Carl Gershman: It’s a problem with the Belt and Road Initiative, which is not just an economic expansion. This is intimately tied to China’s geopolitical and military strategy precisely to get strategic ports in Sri Lanka or in Maldives because countries fall into the debt trap and pay back by leasing their ports. 1:58:05 Representative Ted Yoho (FL): They’re a form of socialism with Chinese characteristics, and, as we all know, that’s communism. Our form of government empowers the people. Empowered people reach their full potential. China empowers the government where the people are suppressed for the benefit of the government. 2:00:10 Daniel Twining: It’s the surveillance architecture. This Orwellian total surveillance state they’re building with artificial intelligence and facial recognition and all this stuff. It’s very attractive, as you say, not to people but to leaders. 2:07:52 Representative Ted Poe (TX): Globally, what do you personally see is the number-one entity that is a threat to democracy worldwide? Is it China? Is it Russia? Is it North Korea? Is it ISIS? Is it Iran? Pick one. Pick the one you think is the threat. Carl Gershman: China. Rep. Poe: China. Gershman: China. Rep. Poe: Mr. Twining. Daniel Twining: China. Rep. Poe: Mr. Wollack. Kenneth Wollack: Russia. Rep. Poe: Russia. Russia and China. Hearing: The China Challenge, Part 1: Economic Coercion as Statecraft, Senate Foreign Relations Subcommittee on East Asia, the Pacific, and International Cybersecurity, July 24, 2018. Witnesses: Dan Blumenthal: Director of Asian Studies and Resident Fellow at the American Enterprise Institute Ely Ratner: Vice President and Director of Studies at the Center for a New American Security Timestamps and Transcripts  33:49 Chairman Senator Cory Gardner (CO): This hearing will be the first hearing in a three-part series of hearings titled The China Challenge and will examine how the United States should respond to the challenge of a rising China that seeks to upend and supplant the U.S.-led liberal world order. 34:12 Chairman Senator Cory Gardner (CO): According to the National Security Strategy, for decades U.S. policy was rooted in the belief that support for China’s rise and for its integration into the post-war international order would liberalize China. Contrary to our hopes, China expanded its power at the expense of the sovereignty of others. According to the National Defense Strategy, the central challenge to U.S. prosperity and security is the reemergence of long-term strategic competition by what the National Security Strategy classifies as revisionist powers. It is increasingly clear that China and Russia want to shape a world consistent with their authoritarian model: gaining veto authority over other nations’ economic, diplomatic, and security decisions. 35:28 Chairman Senator Cory Gardner (CO): The question before us now is identifying the tools the United States has at its disposal to counter the disturbing developments posed by China’s less-than-peaceful rise. This is why Senator Markey and I and a bipartisan group of co-sponsors in the Senate joined in introducing the Asia Reassurance Initiative Act, or ARIA, on April 24. The legislation sets a comprehensive policy framework to demonstrate U.S. commitment to a free and open Indo-Pacific region and the rules-based international order. ARIA provides a comprehensive set of national security and economic policies to advance U.S. interests and goals in the Indo-Pacific region, including providing substantive U.S. resource commitments for these goals. I’m joined in this legislation on the committee by Senator Kaine, Senator Coons, Senator Cardin, Senator Markey, by Senator Rubio, and Senator Young, as well as Senators Sullivan and Perdue and Graham. 38:12 Chairman Senator Cory Gardner (CO): Our first witness is Senator—is Dan Blumenthal—I almost gave you a demotion there, Dan—who serves as director of Asian studies and resident fellow at the American Enterprise Institute. Mr. Blumenthal has both served in and advised the U.S. government on China issues for nearly two decades. From 2001 to 2004 he served as senior director for China, Taiwan, and Mongolia at the Department of Defense. Additionally, from 2006, 2012 he served as a commissioner on the U.S.-China Economic and Security Review Commission, including holding the position of vice chair in 2007. 38:54 Chairman Senator Cory Gardner (CO): Our second witness today is Ely Ratner, who serves as the vice president and director of Studies at the Center for a New American Security. Mr. Ratner served from 2015 to 2017 as the deputy national security advisor to Vice President Joe Biden, and from 2011 to 2012 in the Office of Chinese and Mongolian Affairs at the State Department. He also previously worked in the U.S. Senate as a professional staff member on the Senate Foreign Relations Committee and in the office of Senator Joe Biden. 42:01 Dan Blumenthal: I have to state that the era of reform and opening in China is over. It’s been long over. It’s been over, probably for 10 years. And China is back to being run by state-owned enterprises that are related to the party. The private sector is diminishing. That provides the Chinese state with a lot more control over economic coercive policies. 49:27 Ely Ratner: First, the Senate Foreign Relations Committee should hold hearings on the cost and benefits of rejoining the Trans-Pacific Partnership. Rejoining TPP is among the most important things we can do to advance our economic position in Asia and erode the effectiveness of China’s economic coercion. By contrast, U.S. withdrawal has done substantial damage to our standing in the region and is facilitating the development of a Chinese sphere of influence in Asia and beyond. Rejoining TPP would renew confidence in the credibility and commitment of the United States, help to re-route supply chains in the region, open new markets for U.S. companies, and ultimately reduce China’s economic leverage. 56:28 Senator Ed Markey (MA): And through its Belt and Road Initiative, BRI, China is burdening countries receiving infrastructure loans with debts so extreme that they begin to undermine their own very sovereignty. According to a recent New York Times report, this Belt and Road Initiative amounts to a debt trap for vulnerable countries around the world, fueling corruption and autocratic behavior in struggling democracies. 59:30 Senator Cory Gardner (CO): Mr. Blumenthal, you mentioned in your opening statement, you talked about the economic opening in China being over. Could you go into a little bit more detail of what you mean by that? Dan Blumenthal: So, the period of reform and opening, which Deng Xiaoping began in 1978 and allowed for the great growth of China, the great growth of the private sector, private-sector entrepreneurs and brought so many Chinese out of poverty and benefitted the world, ended, probably 10 years ago, the Chinese we now know. The Chinese have gone back to the state sector dominating, taking out room for entrepreneurs to grow. They’ve gone back to things like price controls. They’ve gone back to things like lending on the basis of non-market, non-profitable lending but rather through patronage from the party to state-owned enterprises. They certainly haven’t moved any further than they were 10, 12 years ago on market access, things that we’ve been pressing for. They haven’t stopped subsidizing. In fact, they’ve doubled down on subsidizing their state-owned enterprises, which is probably the single biggest cause of probably the WTO stalling as much as it has. And Xi Jinping is certainly not taking China down the road of another round of market reforms—quite the contrary. He’s a statist and favoring state-owned enterprises and the subsidization of state-owned enterprises over the private sector. 1:11:42 Ely Ratner: China is going to use its economic clout to try to achieve its geopolitical aims, which include dividing American alliances and eroding the influence of the United States in the region. So I think that was a very important episode. It was very revealing. I think we can talk about trying to incorporate China into a rules-based order. I don’t think that’s where we’re going to be in the next several years. I think what we have to do is pull up our socks, get more competitive, slow down Chinese momentum in its efforts to develop this sphere of influence. That’s a much more urgent task than a long-term goal of developing a rules-based order. 1:13:44 Senator Todd Young (IN): Mr. Ratner, thanks for your testimony. As I reviewed your written statement, you seem to be making a pretty simple argument with very serious implications. In short, you seem to be saying we’re in a high-stakes competition with China, that China does not accept this rules-based international order we had hoped to welcome them into back in 2000. The legitimacy of that order and the institutions that were stood up to oversee that order are not respected by China. China, instead, respects power. And we as a nation have insufficient leverage, it seems, to be able to affect the sort of change we want with respect to intellectual-property theft, joint-licensing requirements, dumping, and so many other things. What we lack—and this is language you employed—is a comprehensive strategy. Is that a fair summary of your viewpoint, Mr. Ratner? Ely Ratner: Yes, sir. 1:21:05 Ely Ratner: When it looked like the United States was going to join the Trans-Pacific Partnership and that agreement was going to pass, the Chinese were starting to ask questions quietly at senior levels, with American officials about what they would need to do down the road to improve their practices to join that agreement, and obviously, those conversations are no longer happening today. 1:22:30 Senator Jeff Merkley (OR): Mr. Ratner, under WTO, is China allowed to offer subsidies to its businesses? Ely Ratner: Senator, I’m not a trade lawyer, so I can’t get into the weeds of WTO law, but I think the answer is no, and there’re several other dimensions in which they’re not in compliance with the agreement. Sen. Merkley: Under the WTO, China is required to do an annual report of all of its subsidies to different enterprises. Does it do that report? Ratner: I believe not, Senator. Sen. Merkley: So, when it fails to do the report, we are, under the WTO, allowed to do a report on their subsidies. I did an amendment a few years ago that said if China doesn’t produce a report, our trade representative will be directed to produce our report. And before that amendment, the ink could dry on it, our trade rep under President Obama produced a list of 200 Chinese subsidies, subsidies we’re well aware of but rarely kind of articulated. So that’s—so we certainly have an understanding of massive Chinese subsidies that are not allowed under WTO. How about to offer loans at non-market rates? Ratner: I believe not, sir. Sen. Merkley: Or to provide land for free as a form of subsidy? Ratner: I think that’s right, as well as forced technology transfer and a number of other practices. Sen. Merkley: And how about being required—for our companies to be required to locate in a particular part of China where the infrastructure is inferior to other locations? Ratner: Correct. Sen. Merkley: A couple years ago, when I was a part of a delegation to China, we were at a meeting of the U.S. Chamber of Commerce in which many of these practices were highlighted, but one company in particular stood up and said, and I won’t name the exact company because they probably didn’t want it too much publicized at the time, but they said they were basically told, we have to put our manufacturing center in this far-western city, far from the port infrastructure; we are told we cannot build any size of item that is in direct competition with the Chinese items; they were told they only could build larger versions that the Chinese weren’t yet building, or they would be shut down and shut out of the country. Is that type of activity by the Chinese legal under the WTO? Ratner: No, sir. Sen. Merkley: And what about requiring American companies to do joint-venture arrangements in order to be able to locate in China? Ratner: Also, not part of the agreement. Sen. Merkley: So, and you’re familiar with how these joint-venture agreements are often used as a way to drain U.S. technology? Ratner: Yes, sir. Sen. Merkley: So, what does one say to the American citizen who says, “China is violating all of these rules, and the WTO has no mechanism by which we appear to be able to hold them accountable. Why shouldn’t we work intensely to create an ability to hold China accountable to the structure of the WTO?” Ratner: I think that was the intention of the Trans-Pacific Partnership. 1:45:22 Senator Cory Gardner (CO): In recent writings in the Wall Street Journal, quotes from President Xi, China has its own ideas about how the world should be run, and as he put it, “to lead in the reform of global governance.” Another quote, or another statement, “in at least eight African countries, as well as some in Southeast Asia, Chinese officials are training their counterparts in how to manage political stability through propaganda and how to control media and the Internet,” and that the China model provides “a new option for other countries who want to speed up their development while preserving their independence.” And finally this: China has committed to train 10,000 political elites in Latin America by 2020. All of this speaks to the need for what you have described, Mr. Ratner, what you have described, Mr. Blumenthal, is U.S. leadership and U.S. response, whether it’s the BUILD Act, whether it’s legislation that Senator Young has described, the legislation that we have co-sponsored together—the Asia Reassurance Initiative Act. This is a time for U.S. leadership, and it’s a time to stand boldly for our values that have empowered the world to be a better place, that has lifted up hundreds of millions of people around the globe up and out of poverty through a system of rules and standards that don’t favor one country over another but that give people a chance to participate in global governance and that global rise. Hearing: The China Challenge, Part 2: Security and Military Developments, Senate Foreign Relations Subcommittee on East Asia, the Pacific, and International Cybersecurity, Septemer 5, 2018. Witnesses: Dr. Oriana Skylar Mastro: American Enterprise Institute Abraham Denmark: Director of the Asia Program at the Woodrow Wilson International Center for Scholars Timestamps and Transcripts  27:50 Chairman Cory Gardner (CO): Our first witness is Dr. Oriana Skylar Mastro, who is the Jeane Kirkpatrick visiting scholar at the American Enterprise Institute where she focuses on Chinese military and security policy in the Asia Pacific. She is also assistant professor of Security Studies at the Edmund A. Walsh School of Foreign Service at Georgetown University and serves in the United States Air Force Reserve as a political-military affairs strategist at Pacific air forces. Previously, Dr. Mastro was a fellow in the Asia-Pacific security program at the Center for a New American Security. 28:25 Chairman Cory Gardner (CO): Also joined on the panel by Abraham Denmark, who is director of the Asia program at the Woodrow Wilson International Center for Scholars. Prior to joining the Wilson Center, Mr. Denmark served as deputy assistant secretary of defense for East Asia, where he supported the secretary of defense and other U.S. senior government leaders in the formulation and implementation of national security strategies and defense policies toward the region. Mr. Denmark also previously worked as senior vice president for political and security affairs at the National Bureau of Asian Research, a fellow at the Center for a New American Security, and held several positions in the U.S. intelligence community. 42:40 Oriana Skylar Mastro: What China is doing is they’re exploiting gaps in the order. So, we talk about the U.S.-led international order and whether China is challenging it or not. But in reality, there’s many areas of the order that lacks certainty, or ambiguous, don’t have consensus. So I would label cybersecurity as one of these areas. And so what China does is it’s trying to build consensus or work on the periphery of the order. So, for example, when they did One Belt, One Road, and they initially moved to the central Asia, they weren’t challenging the United States, because the United States was not there. And so I would say that in addition to strengthening our relationship with traditional partners and allies, the United States needs to think more broadly about its relationships with countries around the globe. Also, in terms of the security initiative, I would recommend that we think more about demand not supply, in kind of business terms. You often, at least in my experience, you think about what the United States has to offer in terms of security assistance, and then we try to put together packages, whether it’s visits, port visits, or a rotation of a squadron or what have you, instead of looking at what those countries actually demand. And so we should move away from this model of increasing advertising and hoping that countries around the world will decide they want what we have to offer, and instead try to look at what they actually want and start supplying that. 1:05:45 Senator Ed Markey (MA): Should the United States abandon the rules-based international system, and what would the concessions be that we would try to extract in order to take such a step? Dr. Mastro. Oriana Skylar Mastro: So, sir, I don’t think we should abandon it. Instead, what I’m arguing for is an expansion of that system. I think that actually the international, is very limited. If you look at the definition, the party to that order, the amount of countries that actually might be involved in certain treaties, it’s not every country possible. For example, India has very different views on things like cybersecurity than the United States does. And so I think if we could manage to build consensus in these areas of uncertainty, we could actually shape China’s choices. And to that end, that gives the United States a lot of political power because the bottom line is one of the main differences between today and maybe 10 years ago is for the United States, the security benefits that we give to our partners, allies, in the region are no longer enough to outweigh the economic benefits that they get from interacting with China. And so we need a security-benefits-plus type of strategy in which we think also about the economic benefits, which is difficult under the current administration, given the trade policy, but also those political benefits by building new international institutions and building new norms and consensus around areas where that consensus has failed to date. 1:07:08 Chairman Cory Gardner (CO): Going back to the question I started to talk about, just the investments that China has made in South America, the investments China is making in Central America. If you look at investments in Panama, El Salvador, and at least apparently in El Salvador, as perhaps part of an agreement as it relates to the decision El Salvador made on Taiwan. Look at the sale of submarines to countries—Thailand—do we see that as continued opportunity for China’s military expansion? Will we see military basing affecting U.S. operations in Thailand? Will we see, perhaps, an opportunity for military entrance into Central America, into South America, China, basing, even, perhaps? Mr. Denmark. Abraham Denmark: Well, I think there’s a lot that remains to be seen. I don’t think there’s a definitive yes or no answer to that question, but I do expect that Djibouti be the first overseas base that China has established. I fully expect that that will not be the last. Where additional facilities may pop up remains to be seen. I personally would expect more facilities to be established along the trade routes from the Western Pacific, through the Indian Ocean, into the Middle East. I would expect to see more there than before I’d expect to see them in Latin America, primarily because of China’s economic interests, but it remains to be seen. 1:20:00 Senator Ed Markey (MA): In September of 2013, China began a concerted effort to build artificial islands in the South China Sea by crushing coral reefs into sand. It built land features where none previously existed. On top of that, China expanded small outposts into military bases capable of conducting operations. Admiral Philip Davidson, the commander of the United States Indo-Pacific Command, stated this year that China’s militarization of the Spratly Islands in the South China Sea means “China is now capable of controlling the South China Sea in all scenarios, short of a war with the United States.” Ms. Mastro, what considerations or challenges do these bases pose for other claimants and the United States in peacetime, in the gray zone, or in conflict? In other words, what are the implications of China’s military bases in the South China Sea? Oriana Skylar Mastro: So, militarily, sir, they expand the range of Chinese capabilities. And so I think I made the point previously that it’s difficult for us to conceive of fighting a war with China using our bases in Korea and Japan, and that’s primarily because of the range of conventional precision-guided munitions that China has that can reach those bases and render them inoperable. In the South China Sea, which is about the size of the United States, China’s power-projection capabilities historically have been quite limited. And in the report, for example, one thing that was highlighted was the H-6K, when it has ______(01:37), now China can extend its range to 3,300 kilometers. But if you actually have bases there, coupled with carriers, then China’s able to sustain combat sorties, for example, for longer periods of time and at farther ranges than it was before. And this is what allows it to be able to control, as the quote suggested, large areas of the South China Sea, the air, and the sea. I would just mention on the gray-zone side, that China can engage in gray-zone activities only because the United States allows it to. There’s nothing that, as far as I understand it, there’s nothing that tells us that, for example, if China says, “Well, this is a Coast Guard,” that we can’t respond with the use of the U.S. Navy. We are too concerned about escalation, and China knows this. They don’t believe in miscalculation and in inadvertent escalation, and so they use this to their advantage. And we should start being very clear about what our redlines are and, obviously, being then able to follow through with that. 1:42:30 Senator Ed Markey (MA): I just have one final area of questioning, if I may, and that just goes back to the Belt and Road Initiative which has resulted in a very generous policy by China of loaning money to countries, which they then can’t pay back, which then results in China being able to extract huge long-term concessions from those countries. Sri Lanka, just a perfect example where they’ve now had to give up a 99-year lease to the Chinese company, which is partially owned by the Chinese government, 15,000 acres of land. And now it appears there are more countries that are deciding to reconsider how far in debt they want their countries or companies to be to a Chinese entity. But at the same time, President Xi, just in the last few days has announced a new $60 billion program—grants, loans—around the world, on top of the $60 billion program that they’ve had in the past that now has these consequences. So, what are the implications for the United States, for global security, of these Chinese strategies in country after country to gain access, or control over, ports in countries? And what would you recommend to the United States that we do to try to make sure that we minimize the ability of this Belt and Road program to build economic and security relationships with companies in a way almost giving them offers they can’t refuse so they become deeper indebted and more entangled into Chinese foreign policy objectives? 1:48:09 Abraham Denmark: The initiative announced several weeks ago by Secretary of State Pompeo in this vein to enhance U.S. engagement, economic engagement, in these areas I thought was a good indication of seeing the problem and trying to address it, not trying to copy the Chinese system, but playing to American strengths of the free market and American corporations. Hearing: The China Challenge, Part 3: Democracy, Human Rights, and the Rule of Law, Senate Foreign Relations Subcommittee on East Asia, the Pacific, and International Cybersecurity, December 4, 2018. Watch on C-SPAN Witnesses: Laura Stone: Acting Deputy Assistant Secretary, Bureau of East Asian and Pacific Affairs at the US Department of State Scott Busby: Deputy Assistant Secretary for Human Rights and Labor at the US Department of State Gloria Steele: Acting Assistant Administrator, Bureau for Asia at USAID Timestamps and Transcripts  01:23:05 Senator Ed Markey (MA): Around the world, all countries, including the United States, rely on the rules-based international order to underpin security and prosperity to help provide a level playing field, to provide the maximum opportunity for the greatest number of people, and to defend and protect certain fundamental rights. So it is of the utmost importance that we do everything in our power to ensure that this system remains. 01:30:00 Senator Cory Gardner (CO): Our first witness is Scott Busby, who serves as deputy assistant secretary of state at the Bureau of the Human Right, Democracy, and Labor. Previously, he served as director for human rights on the National Security Council in the White House from 2009 to 2011, where he managed a wide range of human rights and refugee issues. 01:36:20 Scott Busby: My bureau, DRL, is implementing $10 million of FY 2018 economic support funds to support human rights in China, just as we have done for the past several years. Nevertheless, such programs are increasingly challenged by the difficult operating environment in China, including the new and highly restrictive foreign NGO management law. 1:59:58 Senator Marco Rubio (FL): And then you see sort of what the global reaction has been to it, and there’s reason to be concerned that this post-World War II, pro-democracy, pro-human rights, global norms are being eroded and reshaped and that China is using its geopolitical heft and its economic power to push it in that direction. Meeting: Press availability at the 51st ASEAN Foreign Ministers' Meeting and related meetings, August 4, 2018. Speaker: Secretary of State Mike Pompeo Timestamps and Transcripts  1:15 Secretary of State Mike Pompeo: "Throughout my ASEAN-centered engagements these past days I’ve conveyed President Trump’s commitment to this vital part of the world that continues to grow in importance. Security has been a major focus of our conversations. As part of our commitment to advancing regional security in the Indo-Pacific, the United States is excited to announce nearly $300 million in new funding to reinforce security cooperation throughout the entire region.” 4:50 - Secretary of State Mike Pompeo: "As I said earlier this week, the United States practices partnership economics; we seek partnership, not dominance. Earlier this week at the Indo-Pacific Business Forum hosted by the United States Chamber of Commerce, I outlined the Trump administration’s economic strategy for advancing a free and open Indo-Pacific, and I talked about why U.S. businesses’ engagement in the region is crucial to our mission of promoting peace, stability, and prosperity. There is no better force for prosperity in the world than American businesses. When nations partner with American firms, they can have confidence they are working with the most scrupulous, well-run, and transparent companies in the world. As a down payment on a new era in American economic commitment to a free and open Indo-Pacific, I announced at the forum $113 million in new U.S. Government resources to support foundational areas of the future: the digital economy, energy, and infrastructure. In addition, the Trump administration is working with Congress to encourage the passage of the BUILD Act. It recently passed the U.S. House of Representatives and now before the United States Senate. Under this bill, the government’s development finance capacity would more than double to $60 billion to support U.S. private investment in strategic opportunities abroad." Meeting: Beyond NAFTA and GATT, National Association Southern Center, April 20, 1994. Speaker: Arthur Dunkel - Director of the UN Wrote the “Dunkel Draft” in 1991, a 500 page general outline of what became the WTO 3 years later - it’s basically the WTO’s Constitution “Retired” from GATT in 1993, became a “trade consultant”, and served on the board of Nestle Is a registered WTO dispute panelist Transcript  Arthur Dunkel: If I look back at the last 25 years, what did we have? We had two worlds: The so-called Market Economy world and the sadly planned world; the sadly planned world disappeared. One of the main challenges of the Uruguay round has been to create a world wide system. I think we have to think of that. Secondly, why a world wide system? Because, basically, I consider that if governments cooperate in trade policy field, you reduce the risks of tension - political tension and even worse than that." Additional Reading Article: Disney sets out international leadership team post-Fox deal by Stewart Clarke, Variety, December 13, 2018. Article: IMF delays Sri Lanka's loan discussion on political crisis, Reuters, November 20, 2018. Annual Report: U.S.-China Economic and Security Review Commission, USCC.gov, November 14, 2018. Article: Sri Lanka's political shake-up is a win for China by Bharath Gopalaswamy, Foreign Policy, October 29, 2018. Article: Sri Lanka to secure sixth tranche of $250 million IMF's EFF, Press Reader, Sunday Times (Sri Lanka) October 14, 2018. Article: The BUILD Act has passed: What's next? CSIS, October 12, 2018. Article: Power play: Addressing China's belt and road strategy by Daniel Kliman and Abigail Grace, CNAS, September 20, 2018. Article: Taiwan's monthly minimum wage to increase by 5% in 2019 by Keoni Everington, Taiwan News, September 6, 2018. Fact Sheet: U.S. security cooperation in the Indo-Pacific region, U.S. Department of State, August 4, 2018. Article: Treasury weakens donor disclosure requirements for some nonprofits by Michael Wyland, Nonprofit Quarterly, July 18, 2018. Article: China is doing the same things to Sri Lanka that Great Britain did to China after the opium wars by Panos Mourdoukoutas, Forbes, June 28, 2018. Article: Chinese firm pays $584 million to secure 99-year lease of Sri Lanka port by Reuters, GCaptain, June 26, 2018. Article: How China go Sri Lanka to cough up a port by Maria Abi-Habib, The New York Times, June 25, 2018. Article: China's use of cercive economic measures by Peter Harrell, Elizabeth Rosenberg, and Edoardo Saravalle, CNAS, June 11, 2018. Article: China's military escalation by The Editorial Board, WSJ, June 4, 2018. Article: China owns US debt, but how much? by Investopedia, April 6, 2018. Article: China's military facilities in South China Sea 'almost ready' by Raul Dancel, The Straits Times, February 6, 2018. Report: China's economic rise: History, trends, challenges, and implications for the United States by Wayne M. Morrison, Congressional Research Service, February 5, 2018. Article: U.S. leadership needed in the Asia-Pacific by James W. Fatheree, U.S. Chamber of Commerce, November 17, 2017. Article: China's new island-building ship raises the stakes in South China Sea by Dan Southerland, Radio Free Asia, November 10, 2017. Report: Taiwan: Issues for Congress, Congressional Research Service, October 30, 2017. Article: Inside the fight for OPIC reauthorization by Adva Saldinger, devex, February 21, 2017. News Release: Charles A Kupchan and Ely Ratner join CFR as Senior Fellows, Council on Foreign Relations, February 15, 2017. News Report: PG&E receives maximum sentence for 2010 San Bruno explosion by Kate Larsen, ABC 7 News, January 26, 2017. Article: Lockheed Martin scores $395M DHS security operations center contract by Billy Mitchell, Fed Scoop, September 9, 2016. Article: Terror in Little Saigon by A.C. Thompson, ProPublica, November 3, 2015. Article: Taiwan multinationals serving a broader role by Molly Reiner, Taiwan Business TOPICS, October 28, 2015. Article: China's island factory by Rupert Wingfield-Hayes, BBC News, September 9, 2014. Article: Why was the Dalai Lama hanging out with the right-wing American Enterprise Institute? by David Rose, Vanity Fair, February 26, 2014. Article: The secret foreign donor behind the American Enterprise Institute by Eli Clifton, The Nation, June 25, 2013. Article: Inside the secretive dark-money organization that's keeping the lights on for conservative groups by Walt Hickey, Business Insider, February 12, 2013. Article: How Beijing won Sri Lanka's civil war, Independent, May 23, 2010. Article: The one-year review: Obama's Asia policies by Daniel Blumenthal, Foreign Policy, November 3, 2009. Article: Former high-ranking Bush officials enjoy war profits by Tim Shorrock, Salon, May 29, 2008. Report: ChoicePoint sold to LexisNexis parent, Atlanta Business Chronicle, February 21, 2008. Article: Scientists offered cash to dispute climate study by Ian Sample, The Guardian, February 2, 2007. Article: The man who said to much by Michael Isikoff, Newsweek, September 3, 2006. Article: Put a tiger in your think tank, Mother Jones, May/June 2005 Article: What I didn't find in Africa by Joseph C. Wilson, The New York Times, July 6, 2003. Article: Armitage is ready to step into ring by Steven Mufson, The Washington Post, February 14, 2001. Article: Advocacy and lobbying without fear: what is allowed within a 501(c)(3) charitable organization by Thomas Raffa, Nonprofit Quarterly, September 21, 2000. Resources About Page: The CNA Coporation About Page: Kasowitz Benson Torres LLP About Page: The National Bureau of Asian Research About Page: Oriana Skylar Mastro AEI Scholar List: Dan Blumenthal AEI Scholar List: Oriana Skylar Mastro Alexander Hamilton Society: Our Principles American Enterprise Institute: Annual Report 2017 American Enterprise Institute: Board of Trustees American Enterprise Institute: Jeane Kirkpatrick Fellowship and Scholars Program American Enterprise Institute: Leadership American Enterprise Institute: Scholars Armitage International: Our Team Biography: Scott Busby, Deputy Asst. Secretary, Bureau of Democracy, Human Rights, and Labor Cambridge University Press: Think Tanks, Public Policy, and the Politics of Expertise Center for New American Security: About CNAS Center for New American Security: Victoria Nuland, CEO CRS Report: U.S. Security Assistance and Security Cooperation Programs Center for Strategic & International Studies: Richard L. Armitage, Trustee Interactive Map: China Belt and Road Initiative IRS: Exemption Requirements - 501 (c)(3) Organizations LinkedIn Account: Oriana Skylar Mastro LinkedIn Account: Scott Busby LinkedIn Account: U.S.-China Economic and Security Review Commission Lockheed Martin: Board Members - Daniel F. Akerson OpenSecrets: American Enterprise Institute Park Hotels & Resorts: Board of Directors ManTech: Mission, Vision, and Values Report to Congress: U.S.-China Economic and Security Review Commission, November 2018 Right Web: American Enterprise Institute Search Results: Paul | Weiss Professionals Security Cooperation Programs: Fiscal Year 2017 Handbook Special Emergency Authorities Ukraine Security Assistance Initiative SourceWatch: American Enterprise Institute Ties to the Koch Brothers SourceWatch Infographic: Donors Trust Infographic Tesla Investors: James Murdoch Biography Website: American Enterprise Institute Website: Chartwell Strategy Group Website: CNAS Website: U.S.-China Economic and Security Review Commission Website: Wilson Center Whitehouse Publication: National Security Strategy of the United States of America, December 2017 Wilson Center: Abraham Denmark Wilson Center: Corporate Council World Trade Organization: Overview and Future Direction, updated Nov 29, 2018 Community Suggestions See more Community Suggestions HERE. Cover Art Design by Only Child Imaginations Music Presented in This Episode Intro & Exit: Tired of Being Lied To by David Ippolito (found on Music Alley by mevio)

In this special episode, we have Ambassador Ong Keng Yong with us to discuss a wide range of topics ranging from the progress of the ASEAN Economic Community, to whether there is a need for binding dispute settlement within ASEAN and even an inside story of how the ASEAN Declaration on Migrant Workers came about. Ambassador Ong Keng Yong is Executive Deputy Chairman of the S. Rajaratnam School of International Studies at the Nanyang Technological University in Singapore. Concurrently, he is Ambassador-at-Large at the Singapore Ministry of Foreign Affairs, non-resident High Commissioner to Pakistan and non-resident Ambassador to Iran. Mr Ong also serves as Chairman of the Singapore International Foundation (SIF). Mr Ong was High Commissioner of Singapore to Malaysia from 2011 to 2014. He served as Secretary-General of ASEAN (Association of Southeast Asian Nations), based in Jakarta, Indonesia from January 2003 to January 2008.

Against a backdrop of China's rebalancing towards consumption-driven growth and the looming threat of global trade war, executives who participated in the inaugural Business Barometer: OBG in ASEAN CEO survey were resolutely positive  about the regional prospects for expansion and investment in the near future. To digest and contextualise the results of the survey of over 550 C-suite executives in 6 out 10 ASEAN member states, OBG's Regional Editor for Asia, Patrick Cooke, analysed some of the key findings in a podcast with Ivan Tan, Enterprise Singapore 's Global Markets Director for Southeast Asia. They discuss how concerted efforts  to tackle the region's vast infrastructure deficit  are combining with favourable demographics and a burgeoning middle class  to boost business confidence and create fertile ground for private sector investment. Read also: The Report: Myanmar 2018 The pair also explores the external risks that threaten to derail the region's momentum, looking at why survey respondents were fearful of a slowdown in Chinese demand and what new opportunities  are emerging from China's rebalancing towards a so-called “high quality” growth model. At the same time, they acknowledge that risk perceptions may have changed since the survey was conducted due to the imminent threat of a high-level trade war between the world's two biggest economies, a scenario they both agree would be negative for ASEAN despite potentially creating some positive openings in certain sectors.         Regardless of the wide disparities in the business environments of ASEAN member states, as evidenced in the survey, Tan was confident the bloc was moving in the right direction in creating the rules-based architecture necessary for the formation and functioning of a cohesive single market, as envisioned in the ASEAN Economic Community 2025 blueprint . Click here  to see the results from other OBG CEO surveys conducted face-to-face with business leaders across the emerging world.

Sufian Jusoh speaks at the Southeast Asia Seminar. Myanmar or Burma has had its first fully contested general election in 2016, leading the formation of a democratically elected government which has taken steps to reform the governance of the country. The reform of the investment policy received a much-needed boost when the United States of America agreed to uplift economic sanctions imposed on Myanmar. However, the enactment of a new Myanmar Investment Law is only one piece of the larger puzzle of how to make Myanmar a new attractive investment destination in the ASEAN region. Myanmar is located between China and India, but is also a member of ASEAN, a grouping of economically dynamic Southeast Asian countries with its own recent economic challenges. This paper will discuss steps that Myanmar needs to take to make it an attractive investment destination, taking into account the existence of two major economic neighbours and the formation of the ASEAN Economic Community in 2015. The paper will also discuss the constraints and challenges that Myanmar has to overcome in order to attract investments into the country.

The Association of Southeast Asian Nations (ASEAN) has delayed establishing an ASEAN Economic Community (AEC) by a decade as it strives to emulate the European Union and promote collective growth. The AEC failed to reach agreement on 105 of 506 measures by its 2015 deadline. A successor blueprint, called the AEC Blueprint 2025, which lays out the work for ASEAN economic integration in the next 10 years, was adopted at the 27th ASEAN Summit in November 2015. But economists question whether economic integration of such a disparate group of economies is feasible in scope and ambition. And even if possible, they question whether the AEC can do a better job of hastening reforms and binding ASEAN member states to their commitments at a time of increasing uncertainty and rising protectionist pressures in the global economy. Simply put, the ASEAN Economic Community Council needs to replace the so-called “ASEAN Way” of doing business, which is consensus driven and any step can be blocked if one member doesn't like the outcome. A whole way of thinking must change if 2025 is to amount to anything more than a date on a page. Read the transcript http://bit.ly/2wVE1Qz Read the blog post https://www.asiapathways-adbi.org/2017/07/will-2025-be-the-final-deadline-for-the-asean-economic-community/ Authors Jayant Menon, lead economist, Asian Development Bank https://www.asiapathways-adbi.org/author/jayant-menon/ Anna Cassandra Melendez, consultant, Asian Development Bank https://www.asiapathways-adbi.org/author/anna-cassandra-melendez/ Know more ADBI's work on ASEAN http://bit.ly/2wVtzbJ

Parkland Chair Professor of Strategy at CEIBS Seung Ho Park explains some of his key research findings on ASEAN Champions - strong local firms operating in the ASEAN Economic Community in Southeast Asia, which is set to become the seventh largest economy in the world. Here Professor Park discusses the factors that have enabled these high-performing firms to succeed, and in many cases to beat rival multinational firms. He also shares several examples of these firms in different countries throughout the ASEAN community. For more about Prof. Park’s research on this topic read his book, ASEAN Champions: Emerging Stalwarts in Regional Integration(http://www.ceibs.edu/node/9640). This lecture was recorded on April 11, 2017 at the 2nd CEMS Corporate Roundtable Discussion on Emerging Markets held at the CEIBS Shanghai Campus, which was hosted by the CEIBS Center for Emerging Markets Studies. The complete agenda for the event is at http://www.ceibs.edu/media/events/conference/10427. For more on the CEIBS Center for Emerging Markets Studies see http://www.iems.com/.

The official launch of the ASEAN Economic Community has created a single 630-million strong consumer market. However, along with the rising market opportunities, competition has also increased. It is important for business owners with strong brands to properly integrate intellectual property issues as part of the overall business strategy from the very outset of entering the ASEAN market.

China's rise has thrown new challenges at Southeast Asia — how to find strength in numbers to counter China's economic clout, and political and military muscle. One solution? The Association of Southeast Asian Nations (ASEAN) has started a new ASEAN Economic Community, with the goal of turning it into a 10-nation, 630-million person common market. The challenges? Where to start? That's especially true if you're Thailand, once a star in the region for economic growth and stability, now, slipping down the list, but not remotely giving up.

The prospects are “very positive” for interlinkages of goods and services trades between the newly-established ASEAN Economic Community and China’s Belt and Road Initiative, says Jaime Zobel, Chairman and Chief Executive Officer of Philippine conglomerate Ayala Corporation. He says the Philippines should maintain its strong growth momentum in 2016 on the back of a robust domestic economy.

Formal establishment of the ASEAN Economic Community this year could help boost Hong Kong’s supply chain management role with Thailand, a key economy among the group of 10 regional nations, according to Dickson Ho, HKTDC Principal Economist. He also believes that China’s Belt and Road initiative, complemented by Thailand’s infrastructure plans, will provide major opportunities in the country for Hong Kong infrastructure, construction and engineering firms with their decades of experience.

Property Report publisher Jules Kay talks to two of the partners at Tri Property, one of Phuket's most energetic real estate developers, about the island's new CBD and the predicted impact of the ASEAN Economic Community.