US Edition
Chinese Consumer Brands Gaining Foothold in Indonesia, Malaysia as They Shed ‘World’s Factory’ Image
SOUTHEAST ASIA, JUL 20 – China's development finance in Southeast Asia rose by US$1.6 billion in 2023, expanding infrastructure projects as Western aid declines by over US$2 billion by 2026, reports say.
- A Lowy Institute report said China is leading the development race in Southeast Asia, with its financing increasing in 2023 as Western donors reduce aid, shifting regional influence.
- The Australian think tank study reports seven European countries and the EU announced US$17.2 billion in aid cuts to Southeast Asia for 2025–2029, as the UK said it is reducing aid by US$7.6 billion to fund defense.
- Statistics indicate over 60 Chinese brands opened more than 6,100 outlets in Southeast Asia by end of 2024, according to Momentum Works.
- It cautioned that poorer nations like East Timor, Cambodia, Laos, and Myanmar are being left behind, threatening long-term resilience, according to an Australian think tank study.
- By 2026, overall official development finance to Southeast Asia is projected to fall by more than US$2 billion, Australian think tank study said, indicating a shift of regional financial influence.
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Malay Mail
AlKhaleej TodayDeclining Western aid creates opportunity for China to expand development footprint in South-east Asia
SYDNEY, July 21 — China is set to expand its influence over South-east Asia’s development as the Trump administration and other Western donors slash aid, a study by an Australian think tank said Sunday.The region is in an “uncertain moment”, facing cuts in official development finance from the West as well as “especially punitive” US trade tariffs, the Sydney-based Lowy Institute said.“Declining Western aid risks ceding a greater role to China, …
China increases Southeast Asia development spend as West leaves the region
China is leading the development race in Southeast Asia as traditional donors like the United States and United Kingdom step away from the region. That's according to a new Lowy Institute report
In Indonesia, wealth through nickel is hoping for Chinese capital and investment. The country is putting its greatest natural wonders at risk. China is gaining control of the metal on the world market.
China’s influence in Southeast Asia to increase amid cut in Western aid, study finds
China is set to expand its influence over Southeast Asia’s development as the Trump administration and other Western donors slash aid, a study by an Australian think tank said Sunday. The Cambodian port city of Sihanoukville. Photo: Wikicommons. The region is in an “uncertain moment”, facing cuts in official development finance from the West as well as “especially punitive” US trade tariffs, the Sydney-based Lowy Institute said. “Declining Weste…
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