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Easier to deal with China than US, says Nazir Razak
Free Malaysia Today
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2/17/2025
The Asean-BAC chairman is also bullish about regional economic integration despite unsuccessful attempts in the past.
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https://www.freemalaysiatoday.com/category/nation/2025/02/17/easier-to-deal-with-china-than-us-says-nazir-razak/
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Transcript
Display full video transcript
00:00
ASEAN Business Advisory Council Chairman Nazir Razak said economic ties often come with conditions,
00:08
but such strings with China are easier to deal with than those with the U.S.
00:14
Nazir said it is the norm for China to impose conditions on its relationships with smaller
00:20
nations like Thailand and Malaysia.
00:23
He also expressed optimism about the future of economic integration in the region, saying
00:29
ASEAN has learned the hard way about what it should and should not do.
00:34
He said the region needs to be creative in its integration efforts, reiterating the Council's
00:39
push for the ASEAN Business Entity concept.
00:43
The ABE framework will see the introduction of a new category of businesses that can be
00:49
officially recognized by ASEAN governments.
00:52
ABE-certified companies will also benefit from greater freedom, such as the ability
00:58
to move personnel and operations across borders within the ASEAN region without the typical
01:05
restrictions.
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