The US and China could be headed for a ‘new cold war’ lasting a generation that forces countries to pick sides, one analyst says
- The US and China could be headed for a “new cold war” that lasts a generation and would force countries to choose sides, CNBC reported a China analyst of Fitch Solutions as saying.
- Despite countries in Southeast Asia intending to maintain friendly relations, they would be forced to side with one of the two largest global economies, Fitch’s Darren Tay said.
- “Being in Asia, the pull from China’s gravity in terms of its size and its influence would be hard to resist,” Tay said at a virtual seminar.
- Bans and blacklists on technology as well as a growing lack of trust are likely to cause cracks in relations, the analyst pointed out.
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A split in ideology between the US and China could lead to a