Singapore Prime Minister Lawrence Wong has urged China to take a proactive role in championing an open, rules-based international trade system. Addressing rising global tensions and a growing trend toward protectionism, Wong highlighted that China’s active participation is vital for maintaining economic stability and fostering regional growth. He emphasized the necessity of multilateral cooperation and predictable trade frameworks to navigate current geopolitical shifts. These remarks underscore Singapore’s commitment to a global trade order that supports inclusivity and shared prosperity for both large and small nations.
- Prime Minister Lawrence Wong highlighted China’s significant influence in the global economy and its capacity to lead in fostering trade openness.
- He expressed concern over increasing global fragmentation and the shift toward unilateral trade policies and protectionism.
- Wong emphasized that a rules-based order is essential for providing a level playing field, particularly for small, trade-dependent economies.
- The Prime Minister encouraged China to continue its engagement with international trade agreements and to strengthen multilateral institutions.
- The comments were made in the context of managing rising tensions between major world powers and ensuring long-term regional stability.
Based in Singapore, CNA (Channel News Asia) covers global developments with an Asian perspective, with correspondents based in major cities across Asia, including Kuala Lumpur, Jakarta, Bangkok, Tokyo, Seoul and Beijing, as well as in New York, Washington D.C. and London.
Official website: https://www.channelnewsasia.com/
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