Both countries, Singapore and China, are riding high on prosperity, not a one-sided look in jealousy at China's rise or vice versa. It was to be a win-win situation, riding on each other's pros and cons.
China's Deng helped to stabilize the ASEAN region by curbing the communist threat, while Singapore capitalized on the huge Chinese market. There was no need for sanctions, trade wars and sanctions.
Only losers try to sabotage and bring down others, so it can stay on top and be relevant. That is a loser's mentality, a sign of weakness and impotence and unable to fight back on a level playing field. It is to be a degressive approach.
Anonymous
1 comment:
When the USA talk about a 'win-win' situation, it means heads it must always win and tails everyone loses. So, either way, it is a win-win situation for the USA as always, while everyone must be made to lose, by hook or by crook.
Everything is all tailored for the USA to win. If it was not so, Japan and Germany would not be made to bow down to USA punishment for trying to win. When Japanese products were selling and competing very well against the USA and the West due to the cheaper Yen. The USA and the West came up with the sinister Plaza Accord to make the Yen expensive that was to cripple Japan for decades. It was a lost three decades for Japan and even though the Yen is so cheap now, Japan still could not turn around the harm done to its economy. Years of stimulation, using arrows, whatever 'nomics' they could come up with were fruitless. The money poured into stimulating the economy had made Japan's debt to GDP the highest in the whole world.
The lost couple of decades lost by Japan was to enable South Korea and the other Asian Tigers to take over many of the sectors dominated by Japan, particularly electronics, shipbuilding and chips. Now China is another peer competitor for both South Korea and Japan, which means climbing back up for Japan is getting tougher. Japan is now trying to work out co-operation with India, desperate for investments, and good luck to the Japs.
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