Singapore’s relations with China can be traced back to the precolonial period. Archeological digs have uncovered “Chinese glass beads and vessels, as well as the fragment of a rare porcelain pillow and a unique compass bowl,” suggesting “an exceptionally close relationship with China.”
The MOU between the Philippines and China is an important step for bilateral efforts towards the direction of expanding cooperation to marine resources development. It will also impact dispute management and peace and security in the South China Sea.
In October 2018 during the China-Japan Forum on Third Country Business Cooperation, over 50 Memorandums of Understanding were signed. The most important one was on financial support for Chinese and Japanese companies in their business cooperation in third countries.
The APEC meeting turned out to be frosty and cold between the world’s two largest economies, as it did not produce a joint communique at the end. The G20 meeting was more fruitful as China and the US agreed to a temporary trade truce.
The US is incrementally increasing its frequency and type of FONOP in the South China Sea, so as to reassure its allies of its resolve and to put the onus on China to take the risk of conflict. Employing this tactic has negative implications for its standing in the region.
US decision to grant exemptions from sanctions to India, China and six other countries importing Iranian oil reveals how the quest for energy security, enhanced connectivity and economic progress are intertwined with strategy in the Sino-Indian Great Game in Iran.
The geo-political rivalry between the US and China has expanded into the geo-technological realm. The race for AI dominance and digital economic sovereignty has the potential to dramatically reshape the global balance of power.