US Should Give ASEAN Alternatives to Chinese Loans, Ex-Envoy Says


Source: voanews.com voanews.com

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As China emerges from the COVID-19 crisis earlier than most nations, it has the time and resources to switch focus to other priorities, such as its relations in Southeast Asia. But for those who worry that Beijing will outspend other world powers to buy influence, there’s still time for the U.S. to counter that influence, according to a former U.S. economic envoy to China. And it might not be as hard or as expensive as some think. In a new Brookings Institution report, economist David Dollar analyzes China’s Belt and Road because it’s the main initiative Beijing uses to spread...