China, Singapore Vow Trade Cooperation in Sign of Thaw
- Countries agree to work together to defend globalization
- Relations with Southeast Asia called ‘stable, calm, positive’
Shipping containers sit stacked among gantry canes at the Kwai Tsing Container Terminals, operated by Hong Kong International Terminal (HIT), a unit of CK Hutchison Holdings Ltd., in Hong Kong, China, on Friday, March 17, 2017. CK Hutchison is scheduled to release earnings results on March 22.
Photographer: Anthony Kwan/BloombergChina and Singapore pledged to cooperate on trade and regional infrastructure projects, in a sign the countries have begun to repair ties strained amid security disputes in Southeast Asia.
Chinese Foreign Minister Wang Yi and Singaporean counterpart Vivian Balakrishnan said Monday in a in Beijing they reached agreement to work more closely on China’s “Belt and Road” trade and infrastructure initiative. Balakrishnan described ties as “strong” and said China’s relationship with Southeast Asia was “stable, calm and positive.”