Speaking at the 24th Credit Suisse Asian Investment Conference, DPM Heng urged both parties to remain constructively engaged with the region, after US and Chinese officials traded barbs over two days of talks in Anchorage, Alaska last week.
The global order is going through choppier seas, and how well Asia can navigate these changes will determine its strength after Covid-19 ends.
The foremost issue is a strategic competition between the US and China, as a fracture in relations will be “hugely destabilising”, says Deputy Prime Minister Heng Swee Keat.
