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PM Lee Hsien Loong at the Bloomberg New Economy Forum 2021

Let’s hope the next generation of Chinese leaders will be more attuned to the western ways. After all, many of them attended US and western universities and are proficient in English. The other side of the coin may not be true as most Americans are not exposed to other western cultures never mind Asian cultures. As professor Jeffrey Sachs says “American Exceptionalism” is the problem.

Singapore is a special place where the east and the west meets. Hong Kong could have also been one but the income disparity is just too great there.

Capitalism is failing. People want a job with a decent wage – why is that so hard?

https://www.brookings.edu/opinions/capitalism-is-failing-people-want-a-job-with-a-decent-wage-why-is-that-so-hard/

01:20 – US vs China mindsets

04:23 – US engagement in Asia

07:39 – China and the CPTPP

12:59 – How can the US strengthen its role in Asia

14:13 – On the situation in Taiwan

18:05 – On Hong Kong

19:47 – On Singapore

37:42 – On wealth tax

Joel

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