PM Lee: I would hesitate to give advice to other countries’ leaders. I think they all make their own calculations, but what we would like to see is China being able to be a country where its prosperity, development and its growing strength is welcomed by other countries in the world, who see this as an opportunity for them to prosper together and to live in a stable world together. Even now, many countries, including Singapore, want very much to maintain good relations with China in order to benefit from China's development and to co-prosper with them. I think that that is a very important factor which China has had in its favour, which would be a pity to miss out on in the next phase.
If you look at America, it used to be that the business people, American businessmen, MNCs, would be one of the strongest advocates for good relations with China, because they saw the opportunities there. They saw how they could prosper there; they were investing there, they were trading. Walmart buys enormous amounts from China, and it benefits Americans, not just Walmart, but American housewives and ordinary people all over the country. But in the last five to seven years, I think American business attitudes have shifted, and they are now no longer as open in the support of China. In fact, there is quite a lot of pushback. It is not that the opportunities are not there, but they see that China has moved forward, and they want to see a more open environment, and one where they get a bigger bite of the cherry. I think it is understandable. China is [in] a new position now, and you have to set a different balance in your relationship with the world. What the world was prepared to grant you in an earlier phase now has to be reworked, and that is quite difficult for a country to accept.