https://www.scmp.com/rss/328709/feed Ho Kwon Ping is executive chairman of Banyan Tree Holdings. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Last year, I spoke about the gathering storm clouds of a possible civilisational conflict between an ageing Pax Americana challenged by a rising Pax Sinica. Today, we can be relieved that the proverbial thunderstorm has not yet burst forth. However, the prospect we face instead is the grey, chilling and unceasing drizzle of a protracted cold war. This second “cold war” may persist well into the next decade, even after today’s human protagonists have departed the scene. Fundamental civilisational... https://www.scmp.com/week-asia/opinion/article/3029808/washingtons-yellow-peril-pushing-us-cold-war-china?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3029808/washingtons-yellow-peril-pushing-us-cold-war-china?utm_source=rss_feed Sat, 21 Sep 2019 10:00:13 +0000 What once was an American policy of constructive engagement and then became strategic rivalry is now almost active containment of China. Whether it be near-collisions of warships, the trade war or allegations of electoral interference, examples abound of a more aggressive US stance to block China’s ascendancy. But tensions today cannot just be seen through the cold war lenses of superpower competition for dominance. No doubt, cold war analysts note that within two decades, China’s total economy... https://www.scmp.com/comment/insight-opinion/united-states/article/2172778/how-singapore-can-play-crucial-role-emerging?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/united-states/article/2172778/how-singapore-can-play-crucial-role-emerging?utm_source=rss_feed Mon, 12 Nov 2018 19:00:00 +0000 So – how shall we assess the past year? First the good news: the global economy remains robust, with the US stock market surpassing its historical peak. The not-so-good news is that other capital markets are tanking, and a decade-long period of low interest rates is ending. The bad news is that the gathering storm clouds of a spreading trade war, an increasing Chinese assertiveness, and the rapidly declining prestige of the US globally, are darkening the geopolitical sky. But today we can... https://www.scmp.com/comment/insight-opinion/united-states/article/2164722/china-replacing-us-new-global-order-whether?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/united-states/article/2164722/china-replacing-us-new-global-order-whether?utm_source=rss_feed Tue, 18 Sep 2018 18:02:59 +0000