BEIJING – China and the United States need to find a way to combine competition with cooperation because their rivalry has repercussions throughout the rest of the world, said Singapore’s Senior Minister Tharman Shanmugaratnam on Sunday.
Relations between Washington and Beijing have worsened in recent years, beginning with a bruising trade war during the Trump administration that has since evolved into a technological arms race, with the USChina, meanwhile, accuses the US of interfering with what it says are its domestic politics, including the self-ruling island of Taiwan that Beijing sees as its own.
The international community also needs to shift from simply reacting to shocks and disruptions, such as pandemics and financial crises, to pre-empting and preparing for such events by investing in public goods, he said, which includes research and development and healthcare infrastructure. His speech also contained themes he has recently championed such as lifelong learning, as well as building global optimism and openness.
Mr Tharman was speaking during a session on macroeconomic policies and economic recovery. Other speakersMr Zheng Shanjie, head of China’s top economic planner, the National Development and Reform Commission; and China’s Finance Minister Liu Kun.
The uniformity of technology is accompanied by an implicit assumption that politics, an even cultures, will become homogenised. -Henry A. Kissinger, in a foreword to 'the third world to first'.
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