Asia rising: Surging Southeast, China's strategic shift

By Guardian Correspondent , The Guardian
Published at 10:43 AM Mar 29 2024
Asia’s vision for collaboration,Global responsibility.
Photo: FILE.
Asia’s vision for collaboration,Global responsibility.

THE heartbeat of global economic power is shifting to Asia, fueled by the rapid rise of Southeast Asian juggernauts like Malaysia and Indonesia; Asia stands tall as the beating heart of global dynamism and vitality.

China, leveraging initiatives like the 'belt and road' initiative and fostering cooperation with neighboring nations, is assuming an ever-more significant role in Asia and the international arena, says John Gong, a professor at the University of International Business and Economics (UIIBE) and VP-Research and Strategy at the UIBE-Israel, during his appearance on CGTN's Global South Voices.

Echoed with the theme "Asia and the World: Common Challenges, Shared Responsibilities" of the Boao forum for Asia (BFA), annual conference 2024, the program focuses on the attractiveness of the Chinese market for Asian countries, the contrast between the influence of Western countries and China in the global South, and the opportunities and challenges facing Asia's future development.

As the world's most populous continent, Asia is known for its abundant resources and huge market size. The steady growth of the Asian economy not only promotes the development of the global economy but also brings in a huge impetus for international trade and investment. At the same time, political stability in Asia is also one of the key factors in maintaining global peace and security. In an era where the world is becoming increasingly interconnected, cooperation and mutual respect among Asian countries are crucial.

John Gong's insights shed light on the burgeoning trade relations between China and the Association of Southeast Asian Nations (ASEAN), underscoring ASEAN's ascendance as China's premier trading partner, surpassing even the European Union. He advocates for ASEAN's pivotal role in fostering regional collaboration, championing increased investment projects, and the exploration of emerging industries, all underpinned by a steadfast commitment to non-political cooperation.

Dr Mahmud Ali, drawing from Malaysian Prime Minister Anwar Ibrahim's recent remarks, articulates Malaysia's perspective on China as a benign force, rooted in the diverse historical experiences of ASEAN and wider Asia. His reflections underscore a collective preference for a peaceful, mutually-beneficial economic development model that resonates across the continent.

Ambassador Moin ul Haque eloquently elucidates China's visionary concept of a shared future for humanity, grounded in a governance philosophy prioritizing the welfare of its populace. He dispels Western misconceptions surrounding China's governance, portraying it as a stalwart democracy deeply committed to uplifting its citizens, as evidenced by its monumental achievement of lifting over 800 million people out of poverty.

In traversing the intricate tapestry of trade dynamics, historical perspectives and visionary aspirations, this episode of "Global South Voices" unveils the nuanced complexities and boundless opportunities within the Asian region. It underscores the paramount importance of mutual respect, cooperation and inclusive development in charting a prosperous future for all stakeholders. With its rich array of insights and diverse viewpoints, the episode serves as a beacon of enlightenment, guiding stakeholders towards a shared vision of prosperity and harmony in the global arena.