IBOV 175,017.19 ▼ 0.56% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,249,524 ▼ 1.27% COLCAP 2,268.93 ▼ 1.01% BVL PERÚ 57,112.22 — — USD/BRL5.10▲ 0.39% USD/MXN17.44▲ 0.32% USD/CLP927.20▲ 0.13% USD/COP3,222▼ 1.16% USD/PEN3.39▲ 0.28% USD/ARS1,474▼ 0.14% USD/UYU40.18▲ 1.21% USD/PYG6,030▲ 1.35% USD/BOB10.63▲ 3.73% USD/DOP58.14▼ 0.19% USD/CRC447.87▲ 1.07% USD/GTQ7.62▲ 2.25% USD/HNL26.73▲ 0.09% USD/NIO36.62▲ 0.34% USD/VES725.63▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.31% USD/TTD6.75▲ 1.34% EUR/BRL5.83▲ 0.40% BRENT 84.92 ▼ 0.04% WTI 78.86 ▼ 0.93% IRON ORE 161.91 — — COPPER 6.34 ▲ 0.79% GOLD 3,995 ▼ 1.20% SILVER 56.33 ▼ 1.37% SOY 1,197 ▼ 0.46% CORN 463.75 ▲ 3.63% WHEAT 673.50 ▼ 0.59% COFFEE 312.85 ▼ 6.46% SUGAR 14.48 ▼ 2.49% ORANGE JUICE 135.50 ▼ 2.41% COTTON 79.07 ▼ 1.85% COCOA 5,378 ▼ 6.26% BEEF 222.78 ▼ 3.19% CATTLE 344.70 ▼ 1.50% LITHIUM 69.09 ▼ 2.77% PETR4 40.65 ▲ 0.15% VALE3 72.91 ▼ 2.15% ITUB4 42.63 ▼ 1.18% BBDC4 18.36 ▼ 1.29% ABEV3 15.69 ▲ 0.77% BBAS3 20.58 ▲ 0.15% B3SA3 15.41 ▼ 1.78% WEGE3 43.83 ▼ 0.97% PRIO3 57.79 ▲ 0.50% SUZB3 42.05 ▲ 1.37% RENT3 39.63 ▼ 1.78% AZZA3 18.60 ▼ 0.32% CSAN3 3.93 — 0.00% RAIZ4 0.29 — 0.00% PCAR3 2.67 ▲ 1.91% GMAT3 3.93 ▼ 1.26% PSSA3 55.08 ▼ 0.25% CVCB3 1.36 ▲ 1.49% POSI3 3.87 ▼ 2.03% SLCE3 13.65 ▲ 1.11% NATU3 8.60 ▼ 0.81% BRKM5 6.14 ▼ 4.21% RANI3 8.09 ▲ 1.38% CSNA3 5.19 ▼ 0.95% CMIN3 5.49 ▲ 4.77% USIM5 8.23 ▲ 0.37% GGBR4 24.16 ▼ 0.17% ENEV3 26.18 ▼ 2.86% CPFE3 46.80 ▼ 0.06% CMIG4 11.05 ▼ 0.90% EQTL3 39.99 ▼ 0.84% LREN3 13.77 ▼ 2.34% VIVT3 35.55 ▲ 0.23% RAIL3 14.04 ▼ 0.21% KLABIN 17.51 ▲ 0.69% RAIA DROGASIL 18.67 — 0.00% RDOR3 35.73 ▼ 0.78% HAPV3 10.75 ▼ 2.18% FLRY3 16.37 ▼ 0.85% SMTO3 15.78 ▲ 1.61% UGPA3 31.90 ▲ 2.57% VBBR3 34.36 ▲ 1.81% BBSE3 40.97 ▲ 0.64% BPAC11 56.74 ▼ 0.53% CURY3 32.04 ▼ 2.11% AERI3 2.02 — 0.00% VIVARA 23.28 ▼ 1.02% COMPASS 25.00 ▼ 0.44% VAMOS 3.19 ▲ 2.24% SANB11 26.89 ▼ 0.41% ASAI3 8.54 ▼ 1.39% SBSP3 29.84 ▼ 0.47% WALMEX 49.31 ▼ 0.78% GMEXICO 200.54 ▲ 0.16% FEMSA 223.91 ▲ 0.45% CEMEX 22.88 ▲ 1.15% GFNORTE 180.09 ▼ 1.84% BIMBO 59.04 ▲ 2.64% TELEVISA 9.54 ▼ 0.21% AMX 22.90 ▲ 0.44% GAP 393.23 ▼ 0.97% ASUR 281.59 ▼ 0.66% OMA 232.76 ▼ 1.04% KOF 178.66 ▲ 0.96% GRUMA 285.53 ▲ 1.49% KIMBER 38.71 ▲ 0.13% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,300 ▼ 0.32% GGAL 7,970 ▼ 2.86% PAMPA 5,130 ▼ 2.10% TXAR 668.00 ▼ 0.45% ALUAR 955.00 ▼ 0.47% TGS 9,625 ▼ 1.28% CEPU 2,291 ▼ 2.26% MIRGOR 16,700 ▼ 1.62% COME 44.87 ▼ 1.67% LOMA NEGRA 3,620 ▲ 0.21% BYMA 302.00 ▼ 0.66% TELECOM ARG 4,255 ▼ 1.39% ECOPETROL 15.95 ▼ 0.19% BANCOLOMBIA 79.35 ▼ 2.70% GRUPO AVAL 4.96 ▼ 1.39% CREDICORP 391.39 ▼ 1.71% SOUTHERN COPPER 176.05 ▼ 3.02% BUENAVENTURA 30.21 ▼ 1.63% MERCADOLIBRE 1,843 ▼ 0.02% NUBANK 13.86 ▼ 0.18% XP 16.69 ▼ 1.10% PAGSEGURO 9.20 ▼ 0.16% STONE 11.20 ▼ 0.75% GLOBANT 33.32 ▲ 4.19% TECNOGLASS 46.98 ▲ 2.86% GAP AIRPORT 225.00 ▼ 1.23% ASUR 281.59 ▼ 0.66% OMA AIRPORT 107.22 ▼ 0.63% AMX ADR 26.18 ▲ 0.27% FEMSA ADR 128.39 ▼ 0.30% CEMEX ADR 13.15 ▲ 0.61% PETROBRAS ADR 17.72 ▼ 0.81% VALE ADR 14.26 ▼ 2.83% ITAU ADR 8.33 ▼ 1.48% SANTANDER BR 5.30 ▼ 1.03% AMBEV ADR 3.07 ▲ 1.22% CSN 1.02 ▼ 0.97% GERDAU 4.76 ▼ 0.94% LATAM ADR 53.77 ▼ 2.00% BTC 64,383 ▼ 0.51% ETH 1,875 ▼ 2.19% SOL 76.15 ▼ 1.44% XRP 1.11 ▼ 0.47% BNB 576.72 ▼ 0.58% ADA 0.16 ▼ 1.33% DOGE 0.07 ▼ 0.98% AVAX 6.59 ▼ 1.58% LINK 8.42 ▼ 1.36% DOT 0.84 ▼ 0.29% LTC 45.20 ▲ 0.17% BCH 221.57 ▼ 0.71% TRX 0.32 ▼ 0.38% XLM 0.19 ▲ 1.70% HBAR 0.07 ▼ 0.13% NEAR 2.06 ▼ 0.39% ATOM 1.53 ▼ 1.64% AAVE 92.02 ▼ 3.98% SELIC 14.25% EMBRAER 82.82 ▲ 0.57% EMBRAER ADR 64.91 ▲ 0.01% JBS 12.25 ▲ 1.24% JBS BDR 62.36 ▲ 1.51% MBRF3 15.25 ▼ 0.97% MBRFY 2.99 ▲ 4.18% INTER 5.52 ▼ 1.78% EGX 52,928 ▲ 0.70% USD/ZAR16.43▲ 0.59% USD/NGN1,378▼ 0.12% NIKKEI 66,836 ▼ 2.79% CSI300 4,698 ▼ 1.85% HSI 25,009 ▲ 1.33% NIFTY 24,073 ▼ 0.02% KOSPI 6,821 ▼ 6.37% JCI 6,108 ▲ 1.10% USD/JPY162.48▲ 0.18% USD/CNY6.76▼ 0.10% DAX 24,915 ▼ 0.34% CAC 8,378 ▼ 0.05% FTSE 10,572 ▲ 0.54% MIB 52,374 ▼ 0.07% IBEX 19,304 ▲ 0.15% STOXX 643.73 ▲ 0.16% EUR/USD1.14▼ 0.21% GBP/USD1.35▲ 0.54% SPX 7,545 ▼ 0.36% DJI 52,620 ▼ 0.07% NDX 29,110 ▼ 1.33% RUT 2,979 ▲ 0.09% TSX 35,338 ▼ 0.22% VIX 16.42 ▲ 4.79% USD/CAD1.40▲ 0.04% US10Y 4.5750 ▲ 0.66% IBOV 175,017.19 ▼ 0.56% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,249,524 ▼ 1.27% COLCAP 2,268.93 ▼ 1.01% BVL PERÚ 57,112.22 — — USD/BRL 5.10 ▲ 0.40% USD/MXN 17.44 ▲ 0.32% USD/CLP 927.20 ▲ 0.13% USD/COP 3,222 ▼ 1.16% USD/PEN 3.39 ▲ 0.28% USD/ARS 1,474 ▼ 0.14% USD/UYU 40.18 ▲ 1.21% USD/PYG 6,030 ▲ 1.35% USD/BOB 10.63 ▲ 3.73% USD/DOP 58.14 ▼ 0.19% USD/CRC 447.87 ▲ 1.07% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.73 ▲ 0.09% USD/NIO 36.62 ▲ 0.34% USD/VES 725.63 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.31% USD/TTD 6.75 ▲ 1.34% EUR/BRL 5.83 ▲ 0.40% BRENT 84.92 ▼ 0.04% WTI 78.86 ▼ 0.93% IRON ORE 161.91 — — COPPER 6.34 ▲ 0.79% GOLD 3,995 ▼ 1.20% SILVER 56.33 ▼ 1.37% SOY 1,197 ▼ 0.46% CORN 463.75 ▲ 3.63% WHEAT 673.50 ▼ 0.59% COFFEE 312.85 ▼ 6.46% SUGAR 14.48 ▼ 2.49% ORANGE JUICE 135.50 ▼ 2.41% COTTON 79.07 ▼ 1.85% COCOA 5,378 ▼ 6.26% BEEF 222.78 ▼ 3.19% CATTLE 344.70 ▼ 1.50% LITHIUM 69.09 ▼ 2.77% PETR4 40.65 ▲ 0.15% VALE3 72.91 ▼ 2.15% ITUB4 42.63 ▼ 1.18% BBDC4 18.36 ▼ 1.29% ABEV3 15.69 ▲ 0.77% BBAS3 20.58 ▲ 0.15% B3SA3 15.41 ▼ 1.78% WEGE3 43.83 ▼ 0.97% PRIO3 57.79 ▲ 0.50% SUZB3 42.05 ▲ 1.37% RENT3 39.63 ▼ 1.78% AZZA3 18.60 ▼ 0.32% CSAN3 3.93 — 0.00% RAIZ4 0.29 — 0.00% PCAR3 2.67 ▲ 1.91% GMAT3 3.93 ▼ 1.26% PSSA3 55.08 ▼ 0.25% CVCB3 1.36 ▲ 1.49% POSI3 3.87 ▼ 2.03% SLCE3 13.65 ▲ 1.11% NATU3 8.60 ▼ 0.81% BRKM5 6.14 ▼ 4.21% RANI3 8.09 ▲ 1.38% CSNA3 5.19 ▼ 0.95% CMIN3 5.49 ▲ 4.77% USIM5 8.23 ▲ 0.37% GGBR4 24.16 ▼ 0.17% ENEV3 26.18 ▼ 2.86% CPFE3 46.80 ▼ 0.06% CMIG4 11.05 ▼ 0.90% EQTL3 39.99 ▼ 0.84% LREN3 13.77 ▼ 2.34% VIVT3 35.55 ▲ 0.23% RAIL3 14.04 ▼ 0.21% KLABIN 17.51 ▲ 0.69% RAIA DROGASIL 18.67 — 0.00% RDOR3 35.73 ▼ 0.78% HAPV3 10.75 ▼ 2.18% FLRY3 16.37 ▼ 0.85% SMTO3 15.78 ▲ 1.61% UGPA3 31.90 ▲ 2.57% VBBR3 34.36 ▲ 1.81% BBSE3 40.97 ▲ 0.64% BPAC11 56.74 ▼ 0.53% CURY3 32.04 ▼ 2.11% AERI3 2.02 — 0.00% VIVARA 23.28 ▼ 1.02% COMPASS 25.00 ▼ 0.44% VAMOS 3.19 ▲ 2.24% SANB11 26.89 ▼ 0.41% ASAI3 8.54 ▼ 1.39% SBSP3 29.84 ▼ 0.47% WALMEX 49.31 ▼ 0.78% GMEXICO 200.54 ▲ 0.16% FEMSA 223.91 ▲ 0.45% CEMEX 22.88 ▲ 1.15% GFNORTE 180.09 ▼ 1.84% BIMBO 59.04 ▲ 2.64% TELEVISA 9.54 ▼ 0.21% AMX 22.90 ▲ 0.44% GAP 393.23 ▼ 0.97% ASUR 281.59 ▼ 0.66% OMA 232.76 ▼ 1.04% KOF 178.66 ▲ 0.96% GRUMA 285.53 ▲ 1.49% KIMBER 38.71 ▲ 0.13% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,300 ▼ 0.32% GGAL 7,970 ▼ 2.86% PAMPA 5,130 ▼ 2.10% TXAR 668.00 ▼ 0.45% ALUAR 955.00 ▼ 0.47% TGS 9,625 ▼ 1.28% CEPU 2,291 ▼ 2.26% MIRGOR 16,700 ▼ 1.62% COME 44.87 ▼ 1.67% LOMA NEGRA 3,620 ▲ 0.21% BYMA 302.00 ▼ 0.66% TELECOM ARG 4,255 ▼ 1.39% ECOPETROL 15.95 ▼ 0.19% BANCOLOMBIA 79.35 ▼ 2.70% GRUPO AVAL 4.96 ▼ 1.39% CREDICORP 391.39 ▼ 1.71% SOUTHERN COPPER 176.05 ▼ 3.02% BUENAVENTURA 30.21 ▼ 1.63% MERCADOLIBRE 1,843 ▼ 0.02% NUBANK 13.86 ▼ 0.18% XP 16.69 ▼ 1.10% PAGSEGURO 9.20 ▼ 0.16% STONE 11.20 ▼ 0.75% GLOBANT 33.32 ▲ 4.19% TECNOGLASS 46.98 ▲ 2.86% GAP AIRPORT 225.00 ▼ 1.23% ASUR 281.59 ▼ 0.66% OMA AIRPORT 107.22 ▼ 0.63% AMX ADR 26.18 ▲ 0.27% FEMSA ADR 128.39 ▼ 0.30% CEMEX ADR 13.15 ▲ 0.61% PETROBRAS ADR 17.72 ▼ 0.81% VALE ADR 14.26 ▼ 2.83% ITAU ADR 8.33 ▼ 1.48% SANTANDER BR 5.30 ▼ 1.03% AMBEV ADR 3.07 ▲ 1.22% CSN 1.02 ▼ 0.97% GERDAU 4.76 ▼ 0.94% LATAM ADR 53.77 ▼ 2.00% BTC 64,383 ▼ 0.51% ETH 1,875 ▼ 2.19% SOL 76.15 ▼ 1.44% XRP 1.11 ▼ 0.47% BNB 576.72 ▼ 0.58% ADA 0.16 ▼ 1.33% DOGE 0.07 ▼ 0.98% AVAX 6.59 ▼ 1.58% LINK 8.42 ▼ 1.36% DOT 0.84 ▼ 0.29% LTC 45.20 ▲ 0.17% BCH 221.57 ▼ 0.71% TRX 0.32 ▼ 0.38% XLM 0.19 ▲ 1.70% HBAR 0.07 ▼ 0.13% NEAR 2.06 ▼ 0.39% ATOM 1.53 ▼ 1.64% AAVE 92.02 ▼ 3.98% SELIC 14.25% EMBRAER 82.82 ▲ 0.57% EMBRAER ADR 64.91 ▲ 0.01% JBS 12.25 ▲ 1.24% JBS BDR 62.36 ▲ 1.51% MBRF3 15.25 ▼ 0.97% MBRFY 2.99 ▲ 4.18% INTER 5.52 ▼ 1.78% EGX 52,928 ▲ 0.70% USD/ZAR 16.43 ▲ 0.90% USD/NGN 1,378 ▼ 0.11% NIKKEI 66,836 ▼ 2.79% CSI300 4,698 ▼ 1.85% HSI 25,009 ▲ 1.33% NIFTY 24,073 ▼ 0.02% KOSPI 6,821 ▼ 6.37% JCI 6,108 ▲ 1.10% USD/JPY 162.51 ▲ 0.23% USD/CNY 6.7612 ▲ 0.05% DAX 24,915 ▼ 0.34% CAC 8,378 ▼ 0.05% FTSE 10,572 ▲ 0.54% MIB 52,374 ▼ 0.07% IBEX 19,304 ▲ 0.15% STOXX 643.73 ▲ 0.16% EUR/USD 1.1439 ▼ 0.25% GBP/USD 1.3469 ▼ 0.50% SPX 7,545 ▼ 0.36% DJI 52,620 ▼ 0.07% NDX 29,110 ▼ 1.33% RUT 2,979 ▲ 0.09% TSX 35,338 ▼ 0.22% VIX 16.42 ▲ 4.79% USD/CAD 1.4044 ▲ 0.05% US10Y 4.5750 ▲ 0.66%
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Thursday, July 16, 2026

Southeast Asia’s Shift Towards China

By · April 2, 2024 · 2 min read

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A recent survey has revealed a pivotal change in Southeast Asia’s geopolitical leanings, with a majority now favoring China over the United States.

State of Southeast Asia 2024 survey by ISEAS-Yusof Ishak Institute: 50.5% prefer China, slightly more than 49.5% favor the U.S.

This shift represents a departure from previous years where U.S. preference dominated, indicating Beijing’s rising influence in the region.

Malaysia, Indonesia, and Laos show the strongest inclination towards China, with support rates of 75.1%, 73.2%, and 70.6%, respectively.

This preference aligns with the benefits these countries have received from China‘s Belt and Road Initiative and robust trade relations.

Southeast Asia's Shift Towards China
Southeast Asia’s Shift Towards China. (Photo Internet reproduction)
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Examples include China’s investments in Malaysia’s automotive sector, infrastructure projects in Laos, and a joint high-speed railway in Indonesia, strengthening ties.

Despite support from the Philippines and Vietnam, the U.S. popularity dips due to South China Sea tensions.

The perceived decline in U.S. engagement in Southeast Asia under President Biden: 38.2% of respondents note decreased involvement.

Interestingly, a substantial number of Southeast Asians prefer not to pick sides between the U.S. and China.

They advocate for strengthening ASEAN’s unity and resilience to withstand pressures from both powers.

Survey highlights China’s dominance: 59.5% see it as top economic power, 43.9% as leading political power in region.

Despite recognizing China’s growing influence, there’s significant concern over its extent, indicating a cautious acceptance rather than an outright endorsement.

The survey from January 3 to February 23 included 1,994 Southeast Asian participants, offering diverse perspectives on superpower dynamics.

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