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MANILA Lorenzo Pellegrini AS Roma Jersey , Nov. 13 (Xinhua) -- Leaders from the 10 member states of the Association of Southeast Asian Nations (ASEAN) as well as China, Japan and South Korea meet here from Monday to Tuesday for the 20th ASEAN Plus Three (APT) Summit (10+3) as well as their respective ASEAN Plus One Summits (10+1).


The ASEAN plus China, Japan, South Korea cooperation mechanism incorporates the 10+3 as well as the 10+1 framework. The latter stands for ASEAN's respective cooperation mechanism with China, Japan and South Korea.


The two frameworks were established in the late 1990s when ASEAN countries decided to enhance cooperation with other major economies of Asia against the backdrop of economic globalization.


The first ASEAN Plus Three summit was held in Malaysia in December 1997, a very important time when all countries in the region were facing an economic setback. The financial crisis was regarded as having provided the impetus for this summit.


The two frameworks, initially focused on economic cooperation Juan Jesus AS Roma Jersey , have expanded in recent years to the fields of politics, security and culture. Nowadays, they have developed into mechanisms of great significance in strengthening and deepening East Asia cooperation at various levels and in various areas, particularly in economic, social and political areas.


A total of 66 dialogue mechanisms at various levels have been established in 24 fields within the framework of ASEAN+3, covering diplomacy, economy Bryan Cristante AS Roma Jersey , finance, agriculture, labor, tourism, environment, the fight against cross-border crime, health care Luca Pellegrini AS Roma Jersey , energy, telecommunications, social welfare and administration innovation.


Within the framework of ASEAN+1, great emphasis has been put on cooperation in the sectors of agriculture, information and communication industry, human resources development, mutual investment and development of the Mekong River Basin.


State leaders Rick Karsdorp AS Roma Jersey , ministers and other high-ranking officials from 10 ASEAN countries, China, Japan and South Korea meet annually to discuss cooperation and major international and regional issues.


Apart from the above-mentioned three countries, ASEAN has also carried out ASEAN+1 dialogues with some countries outside the region on an aperiodic basis.


Established in 1967, ASEAN groups Brunei, Cambodia, Indonesia Robin Olsen AS Roma Jersey , Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.




Shanghai stocks closed at a 22-month high yesterday, bolstered by banks and steelmakers.


The Shanghai Composite Index ended at 3 Stephan El Shaarawy Jersey ,447.84 points, up 0.44 percent from Friday and notched a six-day rebound to hit a peak since January 2016.


Steelmakers and banks led gainers today, with Fangda Special Steel Technology Co jumping by the daily limit of 10 percent to 14.73 yuan (US$2.22), as did Jiangsu Wujiang Rural Commercial Bank Co to 10.63 yuan.


Steelmakers rose after the National Bureau of Statistics reported that 76.7 percent of the domestically produced steel were used during the third quarter, up 4.4 percent from a year ago.


“Steel is one of the sectors attracting most of the capital in the market,” said Zhu Bin, strategic analyst at Southwest Securities.


Meanwhile banks rebounded following the central government’s decision on Friday to raise the limit on foreign ownership in joint-venture financial companies to 51 percent from 49 percent.


The measure will ease curbs on investment flows into the banking sector in China Antonio Mirante Jersey , with investors hopeful of more development in domestic banking, said Raymond Yeung, ANZ’s chief economist for China.


Philippine President Rodrigo Duterte took a thinly veiled dig at the United States on Thursday, complaining that colonizers who killed many Filipinos are now raising human rights concerns with him.


President Barack Obama was among several world leaders who listened to Duterte's brief speech at the East Asia Summit in the Laotian capital of Vientiane.


Obama earlier canceled a meeting with Duterte after the Philippine leader referred to him in comments to reporters as a "son of a bitch" and warned him not to discuss the deaths of thousands of suspects in an anti-drug campaign.


Two Philippine Cabinet officials said Duterte did not criticize any country or leader by name in his speech. Other diplomats who heard the speech, however, felt he was referring to the United States, which colonized the Philippines after defeating its former ruler Daniel Fuzato Jersey , Spain.


An Indonesian diplomat said Duterte held up a picture of Filipinos killed in colonial times to underscore his point. The diplomat spoke to reporters on condition that he not be named because of the sensitivity of the issue.


Philippine officials refused to release Duterte's remarks, which were not included in his prepared speech. The Department of Foreign Affairs in Manila said the president provided an explanation of how human rights records should be assessed in the context of the historical record.


"In the passionate intervention of President Duterte, he underscored the need to take a long historical view of human rights, mindful of the atrocities against the ethnic people of Mindanao," the department said in a statement, referring to the southern Philippine region where American forces were involved in deadly clashes with Muslim Filipinos in the early 1900s.


Duterte, who assumed the presidency in June Kostas Manolas Jersey , has had an uneasy relationship with the U.S., his country's longtime treaty ally. He has said he is charting a foreign policy that is not dependent on the U.S., and has moved to reduce tensions with China over rival territorial claims.


The tough-talking president has also blasted U.N.-appointed human rights experts and rights watchdogs who have expressed concerns over the extrajudicial killings of more than 2,800 suspected drug dealers and users since Duterte took office. More than 600,000 oth. Bradley Chubb Jersey Amari Cooper Jersey Alex Smith Womens Jersey Adam Thielen Womens Jersey Aaron Rodgers Womens Jersey Von Miller Kids Jersey Tom Brady Patriots Jersey Todd Gurley II Rams Jersey T. J. Watt Steelers Jersey Stefon Diggs Vikings Jersey