America is dumbfounded!
Not because ASEAN is using the Renminbi for settlement, not because of the opening of the China-Laos Railway,
but because Malaysia is doing business with China on behalf of the ten ASEAN countries, with a trade volume reaching $970 billion in just one year, which is 2.3 times that of the United States. America claims to invest $200 million in infrastructure, while China has already built 21 economic and trade cooperation zones.
China's cooperation with ASEAN goes far beyond this. By 2024, bilateral trade reached $982.3 billion, with continuous expansion of trade scale and deepening complementary advantages between industries. ASEAN countries have strong demand for Chinese mechanical and electrical products, chemical products, etc., and China's imports of agricultural products and mineral fuels from ASEAN have also increased significantly.
China's infrastructure projects in ASEAN have achieved remarkable results. The China-Laos Railway has boosted Laos' GDP by 1.5 percentage points, and projects like the Jakarta-Bandung High-Speed Railway have effectively alleviated regional infrastructure shortages. In contrast, America's infrastructure plans are progressing slowly due to issues such as funding and politics.
ASEAN countries show strong willingness to cooperate with China. Malaysian Prime Minister Anwar Ibrahim has visited China multiple times to promote cooperation in new energy vehicles and renewable energy sectors. ASEAN countries maintain a "non-aligned" stance and will not "take sides" between China and the United States.
China and ASEAN's cooperation is mutually beneficial and win-win. They continue to deepen cooperation in trade, infrastructure, investment, and other fields, injecting new momentum into regional prosperity and development, and providing new opportunities for global economic growth. This cooperative model aligns with the interests of both parties and conforms to the trend of economic globalization, with broad prospects for future cooperation.
This cooperative model not only promotes regional economic integration but also provides a reference for other countries. China always upholds an open and inclusive attitude, working with all countries to jointly build a community with a shared future for mankind. This cooperative philosophy and practice will undoubtedly make greater contributions to world peace and development.
Original source: https://www.toutiao.com/article/1833284752443524/
Disclaimer: The article represents the views of the author.