Law experts Tan Chong Huat and Amanda Chen observe that the recent halting of Ant Group’s dual listing on the Hong Kong and Shanghai stock exchanges augur more regulatory changes in the micro-loans industry. While this lowers financial stability risk, will more of such regulations hinder fintech advancements? Where’s the middle ground? In their opinion, there is much that Singapore and China can learn from each other in the regulation of emerging technologies.
ISEAS academics Malcolm Cook and Ian Storey note that Southeast Asia would welcome a Biden administration policy towards Asia that is less confrontational and unilateralist, and firmer and more action-oriented. The region's governments prefer the new US administration to adopt a less confrontational stance towards China and lower US-China tensions. But while they welcome increased US economic and security engagement with the region, they are less enthusiastic about Biden’s emphasis on human rights and democracy.
Professor He Yafei, a former vice-minister at the Chinese Ministry of Foreign Affairs, delivered the keynote address at the Lianhe Zaobao Singapore-China Forum on 3 December. He touched on the imperatives of a new multipolar world, highlighting that being economically close to China, but relying on the US for security protection, is not going to work for the Southeast Asian region. He also spoke about Singapore and China working together bilaterally, for instance in terms of China’s new dual circulation economy, as well in the regional and international arena. Below is the edited transcript of his speech and QnA.
Professor Chan Heng Chee, Ambassador-at-Large and Singapore’s former ambassador to the US, addressed the Lianhe Zaobao Singapore-China Forum on 4 December via Zoom. She said that there is still much that Singapore and China can work together on, such as in tightening the nuts and bolts of the recently signed RCEP, enhancing the ASEAN-China FTA, exchanging views on the CPTPP and WTO reform, and facilitating cooperation in the digital sector.
Two Singaporean businessmen reflect on their years spent working in China, and consider the Chinese approaches and attitudes that Singapore can do well to learn from. With the right bold strategic moves, more targeted incentives to specific sectors and also to civil servants, as well as an openness to adapt some of the lessons from countries like China, Singapore can remain globally relevant in these very uncertain times.
How do urban planners go about their work and what contributions do they make to the building of liveable cities? Ke Huanzhang, former head of the Beijing Academy of Urban Planning and Design, is all for the seamless melding of a good ecological environment, living facilities, jobs and public services in a city. Liu Thai Ker, the former chief architect and CEO of Singapore’s Housing Development Board, says a good planner needs to have the heart of a humanist, the brain of a scientist, and the eye of an artist. Tan Ying Zhen speaks to the veteran urban planners as part of a series of fireside chats put together to commemorate the 30th anniversary of diplomatic relations between Singapore and China.
China's next phase of development will focus on achieving high-quality development and building a modern socialist country, says China's ambassador to Singapore, Hong Xiaoyong. Much attention will be paid to fostering innovation and green growth, and in pursuing a coordinated approach in building prosperity for the Chinese people. China will also continue to engage the world through its dual circulation strategy, turning the China market into a market accessible to all. In these efforts, there are many opportunities for Singapore and China to work together, building on their years of cooperation and synergies. Ambassador Hong wrote this article in commemoration of the 30th anniversary of the establishment of diplomatic relations between China and Singapore.
What is fashion to Singaporean fashion designer Andrew Gn and Chinese fashion designer Ji Wenbo? How do they stay true to themselves in an ever-changing fashion world? Though each designer has different styles, each is adept at stitching together a fabric of different influences. As their creations are sashayed down the catwalks of Paris and Milan, we see glimmers of East and West, the traditional and modern, the classic and the avant-garde — all in one place. Chinese Media Group correspondent Ng Yimin speaks to fashion designers Gn and Ji as part of a series of fireside chats put together to commemorate the 30th anniversary of diplomatic relations between Singapore and China.
Singapore's former Foreign Minister George Yeo looks back at the years of engagement between Singapore and China, including the period before the two countries established formal diplomatic ties. He says that while Singapore’s “Chinese-ness” had some part to play in building strong ties over the years, it is paramount that this be distinguished from Singapore’s status as an independent, sovereign, multiracial country. As China continues to rise and US-China tensions continue to fester, ASEAN and Singapore would need to be watchful of issues that could derail relations with China. Notwithstanding, there is much room for cooperation that the region can be sanguine about.