Abe plans Mekong development to counter China
Japanese Prime Minister Shinzo Abe will meet the leaders of five South-east Asian countries in Tokyo on Saturday to adopt a new three-year development strategy for the Mekong region — a move that will rival China’s rising economic clout in Asia.
The plan is likely to involve fresh Japanese aid to Cambodia, Laos, Myanmar, Thailand and Vietnam, part of which will be covered by a five-year, US$110 billion (S$148 billion) “high-quality and innovative” infrastructure investment initiative for Asia that Mr Abe pledged in May, said Japanese officials. …
Today News Staff
http://www.todayonline.com/world/asia/abe-plans-mekong-development-counter-china
