SE Asian Leaders Warn of Economic Cost of US, China Rivalry
- Economic imperatives overshadowed by security concerns
- Anwar seeks guardrails on technology to prevent bifurcation
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Southeast Asian leaders warned against the economic cost of the growing US and China rivalry during a big ticket forum in Hainan on Thursday, and urged the two sides to cooperate to avoid further bifurcation that would be felt across global markets.
Addressing high-profile delegates at the Boao forum, Singapore Prime Minister Lee Hsien Loong said the two sides should stabilize ties while any clash between the super powers would have “grievous consequences for themselves and the world.”