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25 August 2024

Singapore’s Path Forward Amidst US-China Geopolitical Tensions – OpEd

Simon Hutagalung

Prime Minister Lawrence Wong’s National Day Rally address emphasized Singapore’s concerns regarding the escalating tensions between the United States and China and the profound implications these tensions hold for the island nation. As a small, trade-dependent country with strong diplomatic ties to both superpowers, Singapore faces the challenge of delicately balancing its position amidst this geopolitical turbulence.

The Prime Minister’s speech not only reflects the immediate anxieties felt by Singapore but also presents a broader strategic assessment that aims to preserve the nation’s long-term stability and prosperity. This analysis argues for a multifaceted response from Singapore, one that addresses both economic security and social aspects to cultivate resilience in an increasingly polarized world.

To fully comprehend Wong’s concerns, it is crucial to consider the historical context of U.S.-China relations and Singapore’s role within this geopolitical dynamic. Since the conclusion of the Cold War, the United States and China have held central positions in the global economic order, exerting significant influence over international trade, finance, and security frameworks. Singapore, strategically positioned at the intersection of East and West, has greatly benefited from this established order, flourishing as a global financial hub and a vital node in global supply chains.

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