Singapore Urges U.S. to Accept China's Rise, Spare Other Nations
<i>China is highly unlikely to undermine the U.S.-led global system given it has been one of its biggest beneficiaries, Balakrishnan said.</i><p>They undermine it every day they refuse to allow free trade. The US and others spent a lot of resources building the free trade system of the world... and China wants the benefits of selling into that global market, while reserving their own market for themselves.<p>Every day they are not confronted on this, they send out the message to every other country that free trade with other countries does not require you to open your own markets. They encourage the breakdown of trade and the closure of global markets.<p>Confronting China on this today is the US asking China not to undermine the global system that has helped enrich China. Not to burn the bridge after they&#x27;re finished with it (that many countries have used to pull themselves out of poverty: vietnam, korea, taiwan, japan, and even singapore).