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France's Macron calls for 'new coalition' between Asia and Europe
France's Macron calls for 'new coalition' between Asia and Europe

Nikkei Asia

time4 days ago

  • Politics
  • Nikkei Asia

France's Macron calls for 'new coalition' between Asia and Europe

SINGAPORE -- French President Emmanuel Macron on Friday called on Europe and Asia to build a new coalition that upholds global norms and to defend sovereignty in a keynote address at the Shangri-La Dialogue security summit here. A Europe-Asia alliance can lead to "new coalitions, new agreements" and a resetting of the rules-based order, he said. Citing the Bandung Conference that convened more than 70 years ago among African and Asian countries, Macron said the time for non-alignment has "undoubtedly passed."

Trump could end up making Asia, not America, great again
Trump could end up making Asia, not America, great again

South China Morning Post

time05-04-2025

  • Business
  • South China Morning Post

Trump could end up making Asia, not America, great again

Could Donald Trump's 'Make America Great Again' policies end up instead making Asia – East Asia especially – greater than ever? Things appear to be moving in that direction as the US president's alienating trade and tariff policies create an incentive for East Asia and Europe to move into each other's arms. Advertisement Such a marriage, increasingly speculated upon, within the framework of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership ( CPTPP ) could create one of the world's largest, most economically dynamic free-trade areas, offsetting much of the impact of US isolationism. The prospect of a Europe-Asia economic alliance is one card both regions could play if Trump's tariff tactics are perceived, particularly in Beijing and Brussels , as becoming too aggressive – although there is a counterargument that the US presence in Asia is so entrenched as to negate such threats. In the view of Yuqing Xing, an economics professor at Tokyo's National Graduate Institute for Policy Studies, the 'revolutionary changes' brought about by the Trump administration have created a favourable environment for China's application to join the CPTPP. There is debate, meanwhile, within the European Union over whether it should also join the trade pact. 'It is possible that the CPTPP will serve as a new framework of global trade in the age of globalisation,' Xing said during a recent debate at the Foreign Correspondents' Club of Japan (FCCJ) in Tokyo. Advertisement

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