The Association of Southeast Asian Nations is a regional organization that brings together disparate neighbors to address economic and security issues, but the group’s impact remains limited.
Backgrounder
by CFR.org Editors September 18, 2023
China’s colossal infrastructure investments may usher in a new era of trade and growth for economies in Asia and beyond. But skeptics worry that China is laying a debt trap for borrowing governments.
Amid renewed calls for changes in the world order, U.S. President Joe Biden sought to stress his support for greater inclusion of developing nations in addressing economic, social, and climate concerns.
Council of Councils
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