Closer cooperation between ASEAN and China could contribute to a global post-pandemic recovery.

Closer cooperation between the Association of Southeast Asian Nations (ASEAN) and China, supported, among other things, by the Belt and Road Initiative (BRI) and the Regional Comprehensive Economic Partnership (RCEP) agreement, would contribute to the post-COVID-19 global economic recovery, a Malaysian expert said.

“Cooperation and interaction between China and ASEAN is now even more important as the world is seeking an economic recovery,” said Ong Tee Keat, founding chairman of the Center for New Inclusive Asia, a think tank based in Kuala Lumpur.

In a recent interview with Xinhua, Ong welcomed China’s position that the country continues to regard ASEAN as a high-quality Belt and Road cooperation priority in its neighborhood diplomacy and as a key region. He also pointed out that the trend to continue on a growth trajectory has bucked trade and investment between China and ASEAN, as both sides have become the largest trading partners of each other.

The signing of the RCEP came at a time when unilateralism is on the rise in many parts of the world, Ong said, adding that the agreement would encourage further regional cooperation, allow participating economies to explore larger and more open markets together, and thus contribute to the recovery after the pandemic.

The RCEP would also help unlock ASEAN’s enormous potential and give new impetus to economic cooperation between ASEAN and China, and Malaysia could expect closer ties with China as an ASEAN member, he said.

The digital economy is an indispensable part of the post-pandemic economy and could be a focal point for Malaysia and China’s bilateral economic cooperation. “Malaysia could introduce China’s advanced technology to meet our need to develop our digital economy,” Ong said.

He hopes China could strengthen cooperation in areas such as artificial intelligence (AI), cloud computing, drones, among others, by transferring and sharing technology with Malaysia.

Katherine S

1/4 German, 3/4 Malaysian. I write, follow and monitor closely political news happening in Malaysia, and other happening news in the ASEAN region. Newswriter for the best ASEAN news website - The Asian Affairs.

View Comments

  • I'm still learning from you, while I'm making my way to
    the top as well. I certainly liked reading everything that is posted on your website.Keep the aarticles coming.
    I enjoyed it!

Recent Posts

China and UAE Celebrate 40 Years of Diplomatic Relations: All the Sectors for Partnership

Celebrating 40 years of diplomatic ties, China and the United Arab Emirates (UAE) are poised to fortify an alliance that…

November 2, 2024

What’s in Store for Squid Game Season 2: New Twists, International Adaptations, and a Bold Return to the Games

Fans of the worldwide sensation Squid Game have much to look forward to this December as the show's producer, Hwang…

November 2, 2024

TWICE Joins Coldplay’s ‘Music of the Spheres’ Tour for a Seoul Spectacle in 2025

Especially when it's the internationally known British rock band Coldplay linking up with K-pop phenomenon TWICE, few events match the…

November 2, 2024

China Caught in the Crossfire: Tensions Rise as North Korea and Russia Strengthen Alliance

Tucked on a 12-story structure in northeast China, visitors flock to get a rare view of the junction of their…

November 2, 2024

Could Westeros Dragons Soon Soar into the Big Screen? ‘Game of Thrones’ Film Reportedly in Early Development

HBO's Game of Thrones has created a void in the fantasy world of television that no other show has quite…

November 1, 2024

Preparing for U.S. Election Impact: Sen. Imee Marcos Urges Self-Reliant Defense Amid Uncertain Times

Head of the Senate Committee on Foreign Relations, Senator Imee Marcos underlined the need of the Philippines getting ready for…

November 1, 2024

This website uses cookies.

Read More