The third plenary session of the 20th Central Committee of the Communist Party of China has released a communique outlining the future direction for China’s economic development, drawing significant attention from economists and experts worldwide.
Last month, CGTN aired a special program focusing on perspectives from the Pacific region. Featured experts included Dr. Joseph Veramu, an economist and consultant for Fiji National University, and Dr. Michael Yang, secretary-general of the South Pacific Islands Institute of Asian Studies.
They highlighted that China’s institutional opening presents new opportunities for the Pacific. David Mahon, Executive Chairman of Mahon China Investment Management, noted that this opening has been an important point of discussion, emphasizing the need to clarify which sectors are accessible to foreign investors.
Pacific island nations have collectively seen an increase in investments from China over the past two decades, a trend that Dr. Mahon pointed out is interesting given that this region has largely been overlooked by the United States.