Asian Countries Fear for Economic and Security Stability Amid China-US Rivalry

A new survey has found that the China-US rivalry is the biggest worry for people in Singapore, South Korea, and the Philippines.

The survey, conducted by the Economic Forum on Geopolitics (EGF), a think tank based in Singapore, polled 1,000 people in the three countries.

Decline in Confidence

The survey found that 90% of respondents in all three countries are worried about the China-US rivalry, according to South China Morning Post. The top concerns among respondents were the potential for economic disruption, military conflict, and a decline in global stability.

The survey also found that people in all three countries are calling on their leaders to take steps to de-escalate tensions between China and the US.

The survey results show that the China-US rivalry significantly impacts Asia. The countries' people are worried about how it will affect the economy, military, and global stability. Thus, these people are calling on their leaders to take action.

The China-US rivalry has been intensifying recently, as the two countries have clashed over various issues, including trade, technology, and security. The rivalry has the potential to destabilize the region and harm the global economy.

The survey results suggest that the people of Singapore, South Korea, and the Philippines are acutely aware of the risks posed by the China-US rivalry. They call on their leaders to de-escalate tensions and find a peaceful way to coexist peacefully.

The survey also found a growing sense of uncertainty about the future in the three countries. Respondents were asked to rate their confidence in the future of their country on a scale of 1 to 10, with one being the least confident and ten being the most confident. The average score was 6.5, which is down from 7.5 in 2019.

The decline in confidence is likely due to several factors, including the China-US rivalry, the COVID-19 pandemic, and the global economic slowdown. The survey results suggest that people in the three countries are worried about the future and are looking for their leaders to provide stability and certainty.

The China-US rivalry is a significant challenge for the region and the world. The people of Singapore, South Korea, and the Philippines called on their leaders to de-escalate tensions and find a peaceful way to coexist. The future of the region and the world depends on it.

US-China Tensions

The United States and China are the world's two largest economies, and their relationship is one of the most important. However, tensions between the two countries have been rising in recent years.

There are several reasons for this. One is the growing rivalry between the two countries for economic and technological dominance. China is rapidly catching up to the United States in terms of economic power and investing heavily in research and development. This has led to concerns in the United States that China is becoming a threat to its economic and technological leadership.

The tensions between the United States and China have manifested in several ways in recent years. In 2018, the Trump administration imposed tariffs on billions of dollars worth of Chinese goods, and China retaliated with its tariffs. The two countries also engaged in a war of words over trade and other issues.

In addition to trade, the United States and China have also clashed over issues such as Taiwan, the South China Sea, and human rights. The United States has accused China of using its economic power to bully its neighbors, and it has also expressed concern about China's human rights record, particularly its treatment of Uyghur Muslims in Xinjiang province.