Missile Tests: Aid Investment and Security Posture

missile tests: As the current ASEAN chair, Thailand would like the two countries to carry out more projects in the region, hoping that Japan will guide China into following international standards such as ensuring transparency in investment and debt sustainability of recipients, he said in an interview Wednesday in Bangkok, according to The Japan Times. The two governments launched the initiative during Prime Minister Shinzo Abe's visit to Beijing last October. Welcoming China's role as a major provider of economic aid and investment for ASEAN, Kavi Chongkittavorn, a columnist for The Bangkok Post and senior fellow at Chulalongkorn University, takes a cautious view of Beijing's security posture, especially with regard to its militarization and recent missile tests in the disputed South China Sea. ; Now that Tokyo-Beijing ties have improved markedly with China having warmed to Japan as the U.S.-China tariff war shows no signs of easing Kavi pointed to the significance of a new Japan-China initiative for promoting joint economic cooperation projects in third countries. Japanese and Chinese companies and economic organizations made deals for more than 50 projects in infrastructure, finance, information technology and other areas including one for the development of an energy-efficient smart city in Thailand. China has the capital and manpower, while Japan has the technological expertise and sophistication. Both countries have what the region needs, Kavi said, speaking on the sidelines of ASEAN-related foreign ministerial meetings in the Thai capital. (news.financializer.com). As reported in the news.