The Latest: China's premier urges reassurances for markets

U.S. Vice President Mike Pence delivers his opening statement at the start of the ASEAN-US Summit in the ongoing 33rd ASEAN Summit and Related Summits Thursday, Nov. 15, 2018, in Singapore. (AP Photo/Bullit Marquez)
Chinese Premier Li Keqiang, left, delivers his statement at the ASEAN Plus Three Summit in the ongoing 33rd ASEAN Summit and Related Summits Thursday, Nov. 15, 2018, in Singapore. At right is South Korean Foreign Minister Kang Kyung-wha, who represented South Korean President Moon Jae-in. (AP Photo/Bullit Marquez)
U.S. Vice President Mike Pence talks to the press during the 33rd ASEAN Summit in Singapore, Thursday, Nov. 15, 2018. America has a steadfast and enduring commitment to the Indo-Pacific region but wants cooperation, not control, U.S. Vice President Mike Pence said Thursday in comments to a Southeast Asian summit that carried a veiled swipe at China's growing influence. (AP Photo/Bernat Armangue)

SINGAPORE — The Latest on the summit of the Association of Southeast Asian Nations, which ends Thursday in Singapore (all times local):

2:35 p.m.

Chinese Premier Li Keqiang (LEE KUH'-chiang) has told fellow Asian leaders the region needs to send a strong positive message to markets about sticking to trade rules and open markets.

Li spoke Thursday at a summit of the Association of Southeast Asian nations. He also reassured China's neighbors that Beijing's "Belt and Road" infrastructure initiative will help support peace and stability in the region.

Li says the region needs to "take concrete action to uphold the rules-based free trade regime and to send a message — a positive message — to the market to provide stable, predictable and law-based conditions for the market."

His comments come amid mounting concern over debts associated with projects financed by Beijing that are part of the effort to nurture trade and logistics networks linked to China.

___

1:35 p.m.

U.S. Vice President Mike Pence says another U.S.-North Korean summit between President Donald Trump and North Korean leader Kim Jong Un is likely after the beginning of the year.

Pence said Thursday that the meeting would "put details on paper" for denuclearization on the Korean Peninsula and the U.S. would continue putting "maximum pressure" on North Korea until then.

Pence spoke on the sidelines of a Southeast Asian summit in Singapore.

He also says Trump plans to discuss Beijing's unique role regarding North Korea when he meets with Chinese President Xi Jinping in Argentina at the G-20 summit later this month. He says the U.S. is also working very closely with South Korea and respects the talks it is holding with Pyongyang.

___

10:05 a.m.

U.S. Vice President Mike Pence says America has a steadfast and enduring commitment to the Indo-Pacific region but wants cooperation, not control.

Pence, who is standing in for President Donald Trump, told a summit of Southeast Asian leaders Thursday in Singapore that "empire and aggression have no place" in the region. The comment appeared to allude to growing Chinese sway in the region and its vast claims in the South China Sea.

Pence said, "Like you, we seek an Indo-Pacific in which all nations, large and small, can prosper and thrive - secure in our sovereignty, confident in our values, and growing stronger together."

The meetings of the 10-nation Association of Southeast Nations focus on enhanced trade and security in a region of more than 630 million people.

You may also interested in

France pledges $2.6 billion for Indonesia as...

Mar 29, 2017

France has pledged $2.6 billion in investments for Indonesia and affirmed deepening ties with...

Indonesia to disband hard-line Islamic group...

May 8, 2017

The top Indonesian security minister said the country's president has ordered the dissolution of a...

The Latest: Crowds mass at jail where Jakarta...

May 9, 2017

Hundreds of apparent supporters of Basuki "Ahok" Tjahaja Purnama have massed outside the Jakarta...

Standard & Poor's raises Indonesia credit...

May 19, 2017

Standard & Poor's has raised Indonesia's sovereign credit rating to investment grade in...

2 men in Indonesia caned dozens of times for gay...

May 23, 2017

Two men in Indonesia's Aceh province have been publicly caned dozens of times for consensual gay...

News

Sign up now!