CHINA is eager to aid Brunei’s diversification efforts by lending financial support to develop local infrastructure and industry. His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah, the Sultan and Yang Di-Pertuan of Brunei Darussalam hosted Chinese Foreign Minister Wang Yi at Istana Nurul Iman yesterday for wide-ranging talks covering economic, political and security issues.
CHINA hopes “to see specific results soon” from discussions with Brunei on maritime cooperation, Foreign Minister Wang Yi said yesterday. Wang said joint ventures in the contested waters would send a “positive signal” to the international community that countries could shelve differences for mutual economic benefit.
BRUNEI needs to actively market and promote the BioInnovation Corridor (BIC) in China if it wants to attract more investors. According to Xu Ning Ning, executive president of the China-ASEAN Business Council, the BIC has a lot of potential and can attract Chinese investors.