‘US can be secure only if Asia is’: US defence chief seeks to deepen strategic alliances in region

By Clement Tan | June 2, 2024 | The Straits Times

SINGAPORE – The United States wants to meld its strategic alliances and partnerships in Asia into a “new convergence” based on the rule of law – a commitment that its defence chief said will continue regardless of the outcome of the presidential election in November.

Mr Lloyd Austin evoked “a future of fresh and growing partnerships” in a speech at the Shangri-La Dialogue on June 1, which immediately elicited a question from a Chinese military delegate on whether the US was planning to build “a Nato-like system in the Asia-Pacific region”.

In response, the US Secretary of Defence described it as a strengthening of relationships with allies and partners based on a common vision and common values.

He also emphatically rejected the Chinese delegate’s suggestion that Nato’s eastern expansion was responsible for the war in Ukraine, eliciting applause from many in the audience.

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Taiwan’s political disrupter could be kingmaker in a split parliament. Here’s why it matters

By Clement Tan | January 26, 2024 | CNBC.com

TAIPEI — “One day, we’ll get our victory,” Ko Wen-je, the vanquished presidential candidate for the Taiwan People’s Party, said at his concession speech two weeks ago.

He urged his disappointed young supporters, some of them crying, not to give up, and framed himself as a one-man social movement crusading for political change.

“For me, over the last 10 years, whether I was in office or standing for election, I have always regarded it as a social movement aimed at changing political culture. Since this social movement has not fully materialized, let’s keep working hard,” the former Taipei City Mayor told supporters in Mandarin.

While he may have finished last in the first competitive three-way race for the Taiwan presidency since 2000, Ko garnered more than a quarter of the popular vote — disrupting the usual stranglehold of the dominant political parties, the ruling Democratic Progressive Party and Kuomintang.

The 63-year-old clearly resonated with the young and educated as he spoke plainly into their everyday bread-and-butter issues, including soaring housing costs and stagnant wages at a time of high inflation.

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‘A real big deal’: Biden backs economic corridor as shifting geopolitical alliances fragment the global economy

By Clement Tan | September 18, 2023 | CNBC.com

NEW DELHI — Even for those accustomed to the ebbs and flows of the U.S.-Saudi Arabia relationship, the sight of President Joe Biden extending a handshake to Saudi Crown Prince Mohammad bin Salman at the recent G20 leaders’ summit in New Delhi was quite the turnaround.

After all, Biden had warned last October of “consequences” after the Saudi-led oil cartel OPEC decided to cut crude production and boost prices amid Russia’s war in Ukraine.

Roughly a year on, Saudi Arabia is not only one of six new invitees to the China-dominated BRICS coalition, but also a signatory to the Biden-led pact for a ship-to-rail economic corridor linking India with Middle Eastern and European Union countries unveiled on the sidelines of the G20 summit — framed as a counter to China’s decade-old Belt and Road Initiative.

Saudi Arabia’s double dipping underscores the range of economic and strategic opportunities that abound for the various economies caught between the dueling U.S. and China as they build their own alliances and spheres of influence. U.S. and other major Western nations have been keen to “de-risk” their economic — and not decouple — from China on grounds of national security.

This is also consequently leading to a fragmentation of the world’s economy as protectionism and nationalism impede global trade, while giving rise to a complex matrix of relationships in a multipolar world that are not always straightforward as nations pursue their self interests.

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G20 nations soften Russia condemnation to reach Delhi summit compromise, draw Ukraine’s ire

By Clement Tan | September 9, 2023 | CNBC.com

NEW DELHI — The Group of 20 nations on Saturday overcame differences in references to the war in Ukraine, reaching a consensus on a joint declaration that paves the way for frameworks on debt resolution, and country-specific climate financing solutions among other pledges aimed at enhancing development in the Global South.

In an 83-paragraph joint communique aimed at deepening the integration of the needs of developing economies into the multilateral forum’s agenda, the Delhi declaration omitted words from the last year’s statement that overtly condemned Russian aggression against Ukraine — instead highlighting the human suffering and other negative impacts of the war in Ukraine that have complicated recovery efforts in the aftermath of the Covid-19 pandemic.

The wording of “most members strongly condemned the war” was among the changes. Instead, G20 member states agreed to lean on the tenets of the United Nations charter on territorial integrity and against the use of force.

“Considerable time was spent — especially in the last few days — in regard to geopolitical issues, which really centered around the war in Ukraine,” Indian Foreign Minister Subrahmanyam Jaishankar said Saturday at a press conference following Prime Minister Narendra Modi’s initial announcement of the consensus on a joint declaration.

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