Xi urges 'Asian Family' amid US push to curb China's regional influence

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Xi urges 'Asian Family' amid US push to curb China's regional influence - Business Standard

Quick Summary:

This diplomatic push was reinforced by a joint statement released Thursday, in which China and Malaysia agreed to enhance collaboration on industry, supply chains, data and talent.

Xi’s regional tour began in Vietnam on Monday, when Vietnamese leaders gave Xi a warm welcome and signed 45 deals to deepen economic ties.

Both China and the US appear to be digging in their heels after Trump hiked levies on Chinese goods to as high as 145% and Beijing retaliated with some 125% tariffs on US imports.