The United States and China must work out a new model of constructive cooperation for the world to arrive at another stable global order, said ...
TOKYO: The United States and China must work out a new model of constructive cooperation for the world to arrive at another stable global order, said Singapore Deputy Prime Minister Heng Swee Keat on Thursday .themed"Seeking A New Global Order - Overcoming The Chaos".Mr Heng said both countries must rebuild trust in their relationship, which he described as the most important bilateral relationship that is key to continued peace and prosperity both in Asia and the world.
“Thus the US should strive for a new equilibrium with China - a new global balance that brings together the legitimate interests of both powers. One that continues to embrace a rules-based multilateral system so that all countries, big and small, will have their voices heard and their sovereignty respected," he added.
Mr Heng said that Asian countries, and almost all other countries around the world, do not want to have to choose sides. Mr Heng praised Japan's role in steering the CPTPP to fruition after the US pulled out and called for Japan to exercise the same leadership to bring the RCEP to fruition. Mr Heng also said that Asia’s strategic weight is growing, with Asian economies’ share of global GDP projected to double from 26 per cent in 2000 to 50 per cent by 2050.
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