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Singapore
This Week in AsiaPolitics

US, other major nations, should give China bigger role in multilateral system: Singapore’s Tharman

  • Senior minister calls for reset in US-China ties to one characterised by interdependence, collaboration in shared interests such as climate change
  • If ties between both continue to fray and decouple, ‘that will lead to a more dangerous world for both the US and China’, he says

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Singapore’s government heavyweight Tharman Shanmugaratnam during a meeting of the International Monetary Fund and the World Bank Group in 2014. File photo: AFP
Kimberly Lim
The United States and other leading nations must give China a greater “role and responsibility” in the multilateral system, Singapore’s government heavyweight Tharman Shanmugaratnam said on Thursday, as he called for a reset of the relationship between the two superpowers.
During a lecture at the Singapore Management University, Tharman underscored the need for a “new US-China relationship” that was characterised by interdependence and collaboration in shared interests.

When asked whether he was optimistic about US-China ties neutralising in the next 10 years, Tharman – a senior minister and coordinating minister for social policies – suggested the relationship had been fraying and was moving closer towards decoupling.

“What’s happening now within the US and within China is a self-reinforcing future with more and more self-sufficiency, you’ll see more and more separation. The point is, that will lead to a more dangerous world for both the US and China,” he said.

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“Just imagine a world where China is not part of the global markets – free investment, technology, ecosystems, data – just imagine that world.”

Instead, the US and China should focus on overarching common interests such as climate change, ensuring pandemic security, financial stability and the preservation of peace, all of which required interdependence, he said.
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“It would be naive to think that economic interdependence assures us our peace, but it makes conflict far less likely than a bifurcated world – a world of bifurcated technologies, markets, payment systems and data,” he said. “That would be a very, very troubling world prone to conflict.”

US President Joe Biden and China’s President Xi Jinping are expected to hold their first in-person summit later this year. Photo: AP
US President Joe Biden and China’s President Xi Jinping are expected to hold their first in-person summit later this year. Photo: AP
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