30/10/2025
Great Power Games
The ongoing rivalry between US and China stretches across various domains. Simon Tay (Singapore Institute of International Affairs, Singapore) discusses how Singapore and other ASEAN countries should leverage their strategic positions while safeguarding their interests in an increasingly polarized world:
“For decades, and especially since the end of the Cold War, the global order has been marked by American leadership and a generally stable and positive relationship with China. This has been
especially important for the global economy and international trade. There is a large and deep economic interdependence between the two largest economies in the world, and this has created tremendous benefits for the world and the Asia-Pacific region.
“Asean and Singapore, in particular, have gained from both: benefiting from the stability of the US as a political and security anchor in the region, and from participating in the vast economic opportunities represented by China’s rise. The established formula has been to participate in Asian production chains centred on China, and then to export these manufactures to the US and the West. The rise of the region has been in tandem and indeed in consequence of being part of a US-led global system. Largely and for a long time, the US and the West welcomed this as part of the partnerships and tutelage into a global community based on rules.
“This began to change from the global financial crisis. While the US and Europe slowed, China and Asia continued rising, and intra-Asian levels of trade and investment continue to rise. The shift of Sino-American relations to the negative is of global consequence, but the implications are perhaps greatest for Asia and especially Singapore. For while our country is small, we have enjoyed long-standing long ties with both.”
Sail with us to an “Island in the World” and learn about “Singapore’s Geopolitical DNA”: (https://www.worldscientific.com/worldscibooks/10.1142/14337)
Buy your print book now: http://bit.ly/4ohY3y7
Buy your ebook now: http://bit.ly/45ORZ96
Enjoy 20% discount by keying in the promo code “WSFBSG20”. Valid till 7 November!
Like our page to learn more about our little red dot: https://www.facebook.com/wspcsg
Join us on Telegram at https://t.me/wspcsg