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Pence's Sharp China Attacks Fuel Fears of New Cold War
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‘We’re moving toward a zero-sum game geopolitics’: analyst
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Smaller nations look to balance relations between U.S., China
Fears are rising of an economic cold war possibly dividing Asia. Bloomberg’s Stephen Engle reports.
Since the Soviet Union fell in the early 1990s, Southeast Asia has sought to avoid getting caught in a fight between major powers. The Trump administration is making that position look increasingly untenable.
Vice President Mike Pence sharpened U.S. attacks on China during a week of summits that ended Sunday, most notably with a call for nations to avoid loans that would leave them indebted to Beijing. He said the U.S. wasn’t in a rush to end the trade war and would “not change course until China changes its ways” -- a worrying prospect for a region heavily reliant on exports.
