• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
China

Singapore warns of U.S.-China ‘escalatory spiral’ amid ‘lack of strategic trust’

By
Philip J. Heijmans
Philip J. Heijmans
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Philip J. Heijmans
Philip J. Heijmans
and
Bloomberg
Bloomberg
Down Arrow Button Icon
September 24, 2022, 9:37 AM ET
Singapore's Foreign Minister Vivian Balakrishnan attends a press conference.
The "perspective of a dispassionate third country."Filip Singer—Pool/Getty Images

A continued lack of strategic trust between the US and China could create an “escalatory spiral” that leads to a potential mishap between the two nations at a time when tensions are flaring over Taiwan, according to Singapore’s foreign minister.

“The key missing ingredient in this relationship, from the perspective of a dispassionate third country, is that there is a lack of strategic trust between the United States and China,” Vivian Balakrishnan said Friday in New York at an event hosted by the Asia Society, according to prepared remarks. “I think the ultimate focal point for this is the Taiwan Straits, which is the reddest of red lines for Beijing.”Singapore warns of U.S.-China ‘escalatory spiral’ amid ‘lack of strategic trust’

Balakrishnan said he’s observed on four separate trips to China in the past year that “attitudes have become more assertive” there, with a strong and growing nationalism and more “muscular” actions to defend international interests.

“As China’s strategic and economic influence has grown, so has their sense of vulnerability,” given that Communist regimes must respond to “the anxieties and the zeitgeist of their own societies,” he said.

Other highlights from Balakrishnan’s speech:

  • “There can be no good outcome for us in Asia if our countries are forced into two camps with a line in between.”
  • On the Indo-Pacific Economic Framework, he said it “very studiously avoids any mention of market access. But anyway, to the extent that it reflects American acknowledgment that there are opportunities out across the Pacific and continued engagement — that is positive. Singapore will stand fully shoulder to shoulder on this endeavour. But you need to do more — that is the message.”
  • “Foreign policy and trade policy begins at home. You have got to embark on the necessary reform and investment in your domestic capacity. You need to build up social and political capital and then engage and re-engage the world with confidence. That is my pitch.”

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Authors
By Philip J. Heijmans
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in

Current price of silver as of Friday, December 5, 2025
Personal Financesilver
Current price of silver as of Friday, December 5, 2025
By Joseph HostetlerDecember 5, 2025
12 minutes ago
Netflix
Big TechNetflix
Netflix lines up $59 billion of debt for Warner Bros. deal
By Natalie Harrison, Janine Panzer and BloombergDecember 5, 2025
19 minutes ago
Sarandos
Arts & EntertainmentMedia
Netflix to buy Warner Bros. in $72 billion cash, stock deal
By Lucas Shaw, Michelle F. Davis and BloombergDecember 5, 2025
24 minutes ago
NewslettersCFO Daily
Gen Z fears AI will upend careers. Can leaders change the narrative?
By Sheryl EstradaDecember 5, 2025
1 hour ago
NewslettersTerm Sheet
Four key questions about OpenAI vs Google—the high-stakes tech matchup of 2026
By Alexei OreskovicDecember 5, 2025
2 hours ago
Personal FinanceSavings accounts
Today’s best high-yield savings account rates on Dec. 5, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganDecember 5, 2025
2 hours ago

Most Popular

placeholder alt text
Economy
Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt
By Eleanor PringleDecember 4, 2025
1 day ago
placeholder alt text
Success
‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeDecember 4, 2025
22 hours ago
placeholder alt text
Success
Nearly 4 million new manufacturing jobs are coming to America as boomers retire—but it's the one trade job Gen Z doesn't want
By Emma BurleighDecember 4, 2025
22 hours ago
placeholder alt text
Success
Nvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant 'state of anxiety' out of fear of going bankrupt
By Jessica CoacciDecember 4, 2025
21 hours ago
placeholder alt text
Economy
Tariffs and the $38 trillion national debt: Kevin Hassett sees ’big reductions’ in deficit while Scott Bessent sees a ‘shrinking ice cube’
By Nick LichtenbergDecember 4, 2025
20 hours ago
placeholder alt text
Health
Bill Gates decries ‘significant reversal in child deaths’ as nearly 5 million kids will die before they turn 5 this year
By Nick LichtenbergDecember 4, 2025
1 day ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.