EPISODE · Jan 13, 2025 · 19 MIN
Indo-Pacific: The new arena for supremacy
from Bank of Singapore · host Bank of Singapore
Speaker: Robin Hu, Asia Chair, Milken Institute; Advisor Senior Director, TemasekModerated by: Dr Owi Ruivivar, Chief Portfolio Strategist, Bank of SingaporeAround 80% of China’s oil imports and trade routes with Europe, Middle East, and Africa traverse the Indian Ocean. Through its Maritime Silk Road, China has invested in ports in Pakistan, Sri Lanka, Eastern Africa, and Myanmar, along with a naval base in Djibouti. Access to emerging markets is critical to China’s transformative economic strategy and reduce its reliance on U.S. and Europe for demand. As the Indian Ocean becomes a focal point for trade and investment, American and Chinese military attention will also shift there. Will the geopolitical centre of gravity shift that shifted from the Atlantic to the Pacific Ocean post-World War now move towards the Indian Ocean?Note: The Bank is not responsible for the accuracy or completeness of the information provided by any external presenters which may change without prior notice. The external presenters may hold views which are not representative of the views of the Bank, and such views may have been derived without discussion, consultation or agreement with the Bank. You will need to decide as to whether or not the contents are suitable for you. When you are in doubt, please seek your own independent financial, legal, tax or other advice as you deem fit. Neither the Bank nor any of its officers accept any liability for any loss whatsoever arising out of or in connection with your use of the information in the presentation.
What this episode covers
Speaker: Robin Hu, Asia Chair, Milken Institute; Advisor Senior Director, TemasekModerated by: Dr Owi Ruivivar, Chief Portfolio Strategist, Bank of SingaporeAround 80% of China’s oil imports and trade routes with Europe, Middle East, and Africa traverse the Indian Ocean. Through its Maritime Silk Road, China has invested in ports in Pakistan, Sri Lanka, Eastern Africa, and Myanmar, along with a naval base in Djibouti. Access to emerging markets is critical to China’s transformative economic strategy and reduce its reliance on U.S. and Europe for demand. As the Indian Ocean becomes a focal point for trade and investment, American and Chinese military attention will also shift there. Will the geopolitical centre of gravity shift that shifted from the Atlantic to the Pacific Ocean post-World War now move towards the Indian Ocean?Note: The Bank is not responsible for the accuracy or completeness of the information provided by any external presenters which may change without prior notice. The external presenters may hold views which are not representative of the views of the Bank, and such views may have been derived without discussion, consultation or agreement with the Bank. You will need to decide as to whether or not the contents are suitable for you. When you are in doubt, please seek your own independent financial, legal, tax or other advice as you deem fit. Neither the Bank nor any of its officers accept any liability for any loss whatsoever arising out of or in connection with your use of the information in the presentation.
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Indo-Pacific: The new arena for supremacy
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