APAC Foreign Investment Brief
Apr 241 min
The change is largely due to respondents from Laos, Indonesia and Malaysia favoring China more strongly at an increase of between 20 to 30 percentage points each since 2023. In Cambodia, support increased by around 18 percentage points, but remained below 50 percent overall. The picture in similar in Thailand and Myanmar at increases of around 10 percentage points each and with support for China in Thailand reaching 52 percent.
Countries that would still strongly prefer to partner with the United States are the Philippines (83.3 percent in favor of the U.S.), Vietnam (79 percent) and Singapore (61.5 percent). In all three countries, support for the U.S. was relatively stable compared to 2023.