ASEAN-China-GCC Summit: What opportunities exist for trilateral cooperation?

China, ASEAN, and Gulf Cooperation Council nations held their first summit and pledged to integrate markets amid global trade uncertainties. What were the key messages from this summit (00:40)? Moody's has downgraded the US credit rating due to years of rising debt and deficits. What implications does this have for the U.S. and global economies (19:15)?