US President Barack Obama on Tuesday announced a package of measures designed to boost South-East Asian economies, betting that the fast-growing region can be an ever more important trade partner.
The plan will establish three economic offices - in Jakarta, Bangkok and Singapore - “to better coordinate our economic engagement and connect more of our entrepreneurs, investors and businesses with each other.”
The White House sees the 10 nations of Asean - representatives of which have been meeting with Obama since Monday in California - as an emerging regional counterweight to China’s regional dominance.
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The plan will establish three economic offices - in Jakarta, Bangkok and Singapore - “to better coordinate our economic engagement and connect more of our entrepreneurs, investors and businesses with each other.”
The White House sees the 10 nations of Asean - representatives of which have been meeting with Obama since Monday in California - as an emerging regional counterweight to China’s regional dominance.
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