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What does 2021 hold for Asia, US-China relations, Hong Kong, and Australia’s trade with China?

  • Kishore Mahbubani asks if Joe Biden will stun the world while Yun Jiang sees no end to the harsh rhetoric between China and Australia
  • David Lampton fears a misstep in US-China relations, Collin Koh expects murky waters in the South China Sea, and Shashi Tharoor believes India has a chance to redeem itself

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US President-elect Joe Biden delivers a briefing on his Covid-19 strategy for the US on December 29, 2020. Photo: AFP

KISHORE MAHBUBANI

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Distinguished Fellow at the Asia Research Institute, National University of Singapore, and author of the book Has China Won?

Here’s a dream scenario for 2021. Joe Biden stuns the world by announcing a total suspension of the trade war with China, with a reciprocal rollback of all tariffs. The markets jump with exhilaration. China, which now has the world’s largest retail goods market (US$6 trillion, compared with US$5.5 trillion for the US), “arranges” an import surge from the US. American agricultural exports to China also shoot up.
In an historically unprecedented move, Biden sends a high-level medical team from the US to East Asia (especially China, Singapore, South Korea and Vietnam) to understand why these societies manage Covid-19 better. Some lessons are learned and applied. By Christmas of 2021, the Covid-19 nightmare is becoming a memory.

And here’s why the dream scenario won’t happen. The US strategic establishment has reached a deep consensus that maintaining the “primacy” of the US globally is more important than the well-being of the American people.

The late, great master strategist George Kennan, who always emphasised that the key strategic goal of the US government should be to improve the “spiritual vitality” of the American people, would have heavily disapproved of this strategy-free geopolitical contest launched by the US, as I document in Has China Won? Yet since a mighty anti-China consensus has built up in the American body politic, Biden’s hands are tied. The trade war will continue.

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