Sasakawa USA’s Tobias Harris comments on the dynamics at play in the Asian summits this week as President Barack Obama tries to solidify the U.S. position in the region. In an article written by David Nakamura of the Washington Post, Harris says:
“The bottom line is that China still has a lot of money to throw around.” For Southeast Asian nations, “it is hard for them to turn that down — their need for infrastructure investment is unquestioned. . . . And as China’s winning bid for the high-speed rail system in Indonesia shows, at the end of the day, if China can offer money with little or no conditions, that is incredibly enticing to these governments.”
Click here to read the full article.