TOKYO -- Southeast Asia is grudgingly open to helping European, U.S. and Japanese industries lessen their dependence on China, but needs to see more aggressive investment from them to do so, the head of a regional business lobby told Nikkei Asia.
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Arsjad Rasjid, chairman of the ASEAN Business Advisory Council, says an "economic cold war" has forced Southeast Asian companies to create "China and non-China" portfolios. (Photo by Yuki Kohara)
TOKYO -- Southeast Asia is grudgingly open to helping European, U.S. and Japanese industries lessen their dependence on China, but needs to see more aggressive investment from them to do so, the head of a regional business lobby told Nikkei Asia.