International Asia PM Lee: Clash between US and China more likely than 5 years...

PM Lee: Clash between US and China more likely than 5 years ago

'Signficant uncertainty over which way China is going'

Author

Date

Category

- Advertisement -

Singapore—In a new interview with the BBC, Prime Minister Lee Hsien Loong noted that tensions between the two global superpowers, the United States and China, have escalated from five years ago.

However, he said the possibility of military conflict is “not yet high”.

But if the two countries continue with their hardline policies, they may arrive at an impasse.

PM Lee’s interview, which will air on the BBC World News’ Talking Business Asia starting this weekend, comes ahead of high-level discussions between the US and China next week.

- Advertisement -

The talks will be held in Alaska and are the first under the administration of US President Joseph Biden.

PM Lee noted that the political direction China has taken has caused tensions with several nations.

“There is significant uncertainty [and] anxiety over which way China is going and whether this will be good for them.

“I do not think that is in China’s interest,” he said in the interview.

BBC News noted Singapore’s economic and political influence in Asia, and said that PM Lee’s perspectives are often sought-after.

The US is Singapore’s biggest investor as well as one of its key security partners.

China, on the other hand, is the country’s biggest export market and its economic rise has been of great advantage to Singapore.

While tensions between the two superpowers began while former US President Donald Trump was still in office, there are no signs that they will ease under Mr Biden.

However, PM Lee told the BBC he hopes Mr Biden is someone who  “believes in multilateralism and international trade”.

He added, “The US is still number one but number two [China] is not so far behind. That is what is difficult for the US to accept.”

Some analysts have estimated that China’s economy will overtake the US economy by 2028, five years before it had been previously predicted to do so.

Under President Xi Jinping, China’s economic ascent has been accompanied by internal and external aggression, the BBC noted, which has been a cause for concern for other countries.

However, PM Lee said, Singapore cannot afford to pick a side, noting that this is a problem for many nations.

“We are all hoping and encouraging the two large powers to think very carefully before deciding that the other one is an adversary which has to be kept down, if not put down.

“What we would like to see is China being a country where its prosperity, development, and growing strength is welcomed by other countries in the world, who see this as an opportunity for them to prosper together and live in a stable world together.”

/TISG

Read also: S’pore economy expected to bounce back in 2021, dependent on progress of vaccinations: PM Lee

S’pore economy expected to bounce back in 2021, dependent on progress of vaccinations: PM Lee

 Follow us on Social Media

Send in your scoops to news@theindependent.sg 

- Advertisement -

Covid-19 vaccine side effect fever, fatigue, arm pain can be a good sign

CNN – Doctors revealed that individuals who experience side effects including fever, fatigue and arm pain after receiving the Covid-19 vaccine should not panic as this could mean that the immune system is reacting as intended. Side effects from Covid-19 vaccines won't...

Motorcyclist chases cyclist weaving through traffic without helmet and wearing earbuds

Singapore – Having seen a cyclist riding dangerously without the proper protective equipment and weaving through cars, a motorcyclist took it upon himself to remind the rider of road safety practices. Facebook page ROADS.sg posted a video of the incident on Saturday...

Was Heng Swee Keat ousted?

For a development which should not have been a surprise, DPM Heng Swee Keat’s decision to step aside as the 4G leader to become the next Prime Minister had many observers working overtime with their analyses. “Why did he do it?...
Follow us on Social Media

Send in your scoops to news@theindependent.sg 

Theindependent