IBOV 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.30% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% USD/BRL5.14▼ 0.14% USD/MXN16.90▼ 0.36% USD/CLP914.28— 0.00% USD/COP3,038▼ 1.18% USD/PEN3.35▼ 0.06% USD/ARS1,499▲ 0.12% USD/UYU40.20▲ 1.58% USD/PYG5,996▲ 1.55% USD/BOB11.43▲ 0.41% USD/DOP58.82▲ 0.20% USD/CRC450.05▲ 3.34% USD/GTQ7.62▲ 2.21% USD/HNL26.81▲ 0.31% USD/NIO36.62▲ 0.61% USD/VES778.00▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 0.79% EUR/BRL6.00▼ 0.64% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 171,031.73 ▲ 1.85% IPSA 11,338.38 ▲ 0.89% IPC MEX 65,729.18 ▲ 2.14% MERVAL 2,913,184 ▲ 1.30% COLCAP 2,459.23 ▲ 0.61% BVL PERÚ 58,698.13 ▲ 2.60% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Saturday, August 22, 2026

Analysis: Southeast Asia between the sword of China and the wall of the United States

By · November 17, 2022 · 3 min read

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By Nicolás Promanzio

This Sunday ended the 40th and 41st summit of the Association of Southeast Asian Nations (ASEAN), held for 4 days in Cambodia. ASEAN is an intergovernmental organization that is on course to become the fourth largest economy in the world in the coming years and already has more than 700 million inhabitants.

ASEAN is currently made up of Indonesia, Vietnam, Thailand, Singapore, the Philippines, Myanmar, Malaysia, Laos, Cambodia, and Brunei. In this summit, the admission of East Timor as the eleventh member of the organization was also agreed.

Although the summit went viral due to Joe Biden confusing “Cambodia” with “Colombia,” the event itself was one of the most important in recent years, since it put the countries of Southeast Asia in a difficult dilemma between the United States and China.

40th and 41st summit of the Association of Southeast Asian Nations – ASEAN (Photo internet reproduction)
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The Prime Minister of Cambodia and host president, Hun Sen, declared that, during the four days of duration, a total of 70 final documents and declarations that embrace the pillars of ASEAN were approved and indicated, also endorsing several cooperation frameworks with its partners. of dialogue.

He highlighted at the summit the intervention of Indonesian President Joko Widodo, the organization’s new president, who promised that he would prevent Southeast Asia from becoming the front line of a new Cold War between the United States and China. He assured that the region will not become a tool of any power.

For Widodo, the region must be dignified and “defend the values ​​of humanity and democracy. […] ASEAN must become a peaceful region and an anchor of global stability, consistently uphold international law and not be a tool for any power. […] ASEAN must not let the current geopolitical dynamics bring a new Cold War to our region.”

Another outstanding aspect was the case of Myanmar, which, despite being part of the organization, no representative of the military junta was invited due to its lack of commitment to resolve the crisis that the country is experiencing after the 2021 coup, a condition requested by the Biden government to attend the event.

JOE BIDEN MADE ASEAN A STRATEGIC PARTNER

The President of the United States was present at both summits. In ASEAN, he expanded relations with the organization to a “comprehensive strategic partnership” on Saturday, promising millions in aid to the bloc and the goal of containing the growth of China’s influence in Southeast Asia.

“ASEAN is at the center of my Administration’s strategy in the Indo-Pacific and we continue to strengthen our commitment,” said the US president. In addition, he proposed a cooperation to face challenges related to food security, climate change and security threats, in search of a “free, open and prosperous” region.

ASEAN member countries map (Photo internet reproduction)

Although Biden has strongly handed over the sovereignty of the United States to that of China, undoing many of Trump’s policies that contained the Asian giant, the geopolitical dispute between the two countries for control of the Pacific remains intact.

Biden wants to assert US influence in Southeast Asia, while China naturally wants to keep these countries as its satellites, both political and commercial. In the middle, these countries are internally destroyed by artificial cracks created from Washington and Beijing, with the aim of imposing like-minded governments that change the balance in ASEAN.

Along with ASEAN, the East Asia Summit was held, with the participation of Russian Foreign Minister Sergey Lavrov. The official confirmed the absence of consensus to publish a document due to the situation in Ukraine: “There was no agreement. The United States and its allies insist on including unacceptable language regarding the situation in Ukraine.”

The East Asia Summit was also attended by Biden and representatives from China, India, Japan and South Korea, New Zealand and Australia.

Biden met that same day with Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk-yeol to discuss cooperation in the Indo-Pacific and the threat of North Korea’s ballistic tests, although without progress on this aspect.

On the other hand, at the same time as the summit, the United States was conducting naval exercises with its partners in the group known as QUAD (Australia, India and Japan) in the Philippine Sea, east of Taiwan. Meanwhile, China sent 36 light fighters and bombers near Taiwan.

With information from La Derecha Diario

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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