Economics

China No Threat to Southeast Asia as Xi Seeks to Grow Trade

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China’s economic development will bring opportunities rather than threats as it seeks to boost trade with Southeast Asia, Xi Jinping said on his first visit to the region as president.

China wants warmer ties with members of the Association of Southeast Asian Nations and expects tradeBloomberg Terminal with the group to reach $1 trillion by 2020, Xi said in a speech to Indonesia’s parliament in Jakarta today.