Try GOLD - Free
‘3 superpowers by 2050’
The Straits Times
|September 30, 2024
Tony Blair on how world leaders’ voices can be heard loud and clear
 
 Governing leaders should prepare to navigate a complex world order with three superpowers in ways that may enhance their own positions and interests.
That was the frank assessment of former British prime minister Tony Blair in an interview with The Straits Times on Sept 23, while he was in Singapore for the annual Asia Summit of American think-tank Milken Institute.
"You have got to decide where your country fits in the world, because it is going to be a world that is going to be multipolar, (where there) will be, in my view, by the middle of this century, three superpowers effectively: America, China and probably India," said Mr Blair, who is a self-professed centrist.
"Therefore, you are going to have to build strong alliances that enable you to talk to these three superpowers with some level of, you know, equality," he added.
As it stands, the International Monetary Fund and World Economic Forum are projecting that India may grow to be the world's third-largest economy by the end of this decade, eclipsed by only the US and China.
The geopolitical rivalry between the US and China is now also manifest in economic and industrial policy.
The US has not only barred Chinese access to advanced semiconductor technology, but also slapped tariffs on Chinese products in several strategic sectors ranging from electric vehicles and batteries, to critical minerals, solar cells and medical products.
Under the current Biden administration, the US has sought to do that by placing a greater emphasis on alliances and minilaterals for security and economic reasons.
Minilaterals are small groups of nations coming together to work on specific issues and shared interests.
India is among America's friend-shoring partners - despite being friendly towards Russia - as technology firms seek to diversify their supply chain and manufacturing beyond China.
This story is from the September 30, 2024 edition of The Straits Times.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Straits Times
The Straits Times
Shop for cosy, comfy fitness gear at these three Singapore brands
Entering your soft era?
4 mins
October 31, 2025
The Straits Times
AUTUMN MYSTERY ON DERBY MISSION
Little-known Victorian trainer ‘living the dream’ with live chance at maiden Gl glory
2 mins
October 31, 2025
The Straits Times
S'pore forms company to buy green jet fuel
A company has been set up to buy and manage a supply of sustainable aviation fuel for Singapore’s air hub, the Civil Aviation Authority of Singapore (CAAS) said on Oct 30.
4 mins
October 31, 2025
The Straits Times
Commuting Clearer queue markings needed at bus interchange
I recently visited the Woodlands Integrated Transport Hub to board service 168. The berth I went to has three different bus services sharing the same space.
1 min
October 31, 2025
The Straits Times
Property Review clause for lease renewal commissions in agency agreements
The Council for Estate Agencies (CEA) should review the \"renewal commission\" clause found in its prescribed Estate Agency Agreement for the Lease of Residential Property by a Landlord.
1 min
October 31, 2025
 
 The Straits Times
Forget gold. Aluminium is the real metal of the moment
For the last 25 years, Beijing has single-handedly supplied the world's incremental demand for the metal.
1 mins
October 31, 2025
The Straits Times
ATHLEISURE RENEWED
It may have peaked in the West, but players here say the fashion trend is still alive and kicking in Singapore
8 mins
October 31, 2025
The Straits Times
Tech sector sees layoffs amid rising Al use
The axing of 14,000 roles announced by Amazon on Oct 28 comes amid increasing use of artificial intelligence (AI) tools for routine tasks.
3 mins
October 31, 2025
The Straits Times
My Best Shot to defy handicap in Algoa Cup
Oct 31 South Africa (Fairview/Greyville) preview
5 mins
October 31, 2025
The Straits Times
Manpower Perm Sec Ng Chee Khern to retire; changes to other posts
Manpower Permanent Secretary Ng Chee Khern will retire on Dec 1, marking an end to 41 years in the public service during a career filled with distinction.
2 mins
October 31, 2025
Listen
Translate
Change font size

