🧵Voice of Asia: The inaugural Think Asia Forum kicked off in Singapore two days ago, dissecting the ripple effects of U.S. tariff hikes and Asia’s collective response. Key takeaways from scholars:
Yu Yunquan, VP of China International Communications Group:
“Recent U.S. tariff policies are exacerbating global economic uncertainties, which will ultimately harm the well-being of people in all nations, including American citizens. Many Asian countries, as developing and emerging economies relying on export-oriented industries, are particularly vulnerable against the backdrop of a deteriorating international trade environment.”
China’s stance? Uphold multilateral systems, reject unilateralism.