Bilahari Kausikan, Ministry of Foreign Affairs of Singapore speaks at The 2017 Concordia Annual Summit at Grand Hyatt New York on September 19, 2017 in New York City.
But that is not the case today, due to the complexity of modern supply chains.
Kausikan said that both the U.S. and China are parts of a single global system, "and their competition is within a single system."
While there could be some separation in areas like high technology and finance, Kausikan said it would not be a complete separation of ecosystems.
"In fact, I know of no business leader who actually believes this will happen," he quipped.
Persons:
Bilahari Kausikan, Kausikan
Organizations:
Ministry of Foreign Affairs, Singapore, Grand Hyatt, U.S, United Nations, U.S ., Bank
Locations:
NY, York, New York City, China, U.S, Soviet Union