At the IMF-World Bank annual meetings in Washington this week, Singapore’s President Tharman Shanmugaratnam emphasized the importance of fostering collaboration between the United States and China, despite escalating tensions over tariffs, technology, and geopolitics. President Shanmugaratnam introduced the concept of the ‘US-China Edge,’ urging both nations to identify shared interests where competition can coexist with cooperation. He argued that transforming rivalry into innovation could drive mutual prosperity and global stability. The meetings, attended by government officials and central bank governors, provided a platform for addressing pressing economic challenges and exploring pathways for international cooperation. President Shanmugaratnam’s remarks underscored the need for strategic dialogue and trust-building measures to navigate the complexities of US-China relations. His call for innovation-driven collaboration resonated with attendees, highlighting the potential for economic growth and shared benefits in a multipolar world.
