Wall Street

Climate goals call for less rivalry

Published by
The Bangkok Post

Climate change is an existential threat that sheds new light on the US-China rivalry. The rise of China has shaken the post-Cold War liberal order and the West has been preoccupied with whether to engage or contain China, or both. Many believe that conflict between the US and China is inevitable, but this may not come to pass. It is more likely that an “increasingly hybrid order” is emerging, perhaps with combined neo-liberal and neo-statist characteristics where governments become more assertive in managing and directing the economy. Understandably wary of choosing sides, Southeast Asia not o…

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