Dear ST reader,
At the Group of 20 (G-20) leaders’ summit this past weekend, the United States announced a multi-nation effort to push trade by bolstering rail and shipping infrastructure between India, the United Arab Emirates, Saudi Arabia, Jordan, Israel and Europe. If you thought the project – called the India-Middle East-Europe Economic Corridor, or Imec for short – sounded suspiciously like a version of China’s Belt and Road Initiative, you wouldn’t be the only one. The new initiative could deepen US-China rivalries, analysts say.
Also over the weekend, the US and Vietnam elevated ties to the highest tier in Hanoi’s diplomatic hierarchy during US President Joe Biden’s visit there, driven – experts say – in part by China’s coercive behaviour in the region. Hanoi has a host of reasons for choosing to fast-track its ties with Washington now, but Beijing won’t be best pleased with its decision.
China’s advances in artificial intelligence (AI) have caused concern – particularly in the US – that Beijing could leverage the technology to suppress its people and stir dissent in the West. These suspicions could prove a stumbling block to its AI ambitions. Meanwhile, South-east Asian nations have been boosting productivity by integrating AI into key sectors.
In India, food inflation and export curbs are contributing to rising prices globally, with Singapore and Malaysia feeling the pinch while China looks to cash in on the situation. Indonesia’s raging forest fires are expected to bring hazy conditions to Singapore this week. And travellers departing South Korea’s Incheon airport can now skip the queues with a new facial recognition system.
Corridors of competition
Asia’s AI ambitions
The meaning of belonging
India’s pricey produce
Hazy days in Indonesia
Ticket to a better life
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