KUALA LUMPUR, Sept 30 Global investors are expected to move into Asia as the worldwide economic outlook is anticipated to be uncertain with fractured growth in 2022 and 2023, said economists. Juwai IQI chief economist Shan Saeed believes that the global economy is going back to the 1970s.
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TAIPEI, TAIWAN
Countries in Southeast Asia, a growing region of more than 650 million people, stand to make lasting deals with the United States and keep China at bay if President-elect Joe Biden works with their prized cross-border dialogue process, analysts in the region believe.
Biden’s expected willingness to strengthen a U.S. role in the 10-member Association of Southeast Asian Nations (ASEAN) bloc will increase confidence among the Asian leaders that Washington will act predictably as a bulwark against China neither bowing to it nor over-provoking it as well as a potential source of trade deals, analysts say.