Asia New Vision Forum: China-U.S. Ties Should Be ‘Managed Strategic Competition,’ Rudd Says

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Former Australian Prime Minister Kevin Rudd speaks via video at the New Vision for Asia 2024 Forum in Singapore on Wednesday. Photo: Caixin

Washington and Beijing need to have a relationship of “managed strategic competition” in order to maintain continued economic prosperity, Kevin Rudd, former Australian prime minister and current ambassador to the U.S., said at a recent forum in Singapore.

Such a relationship involves guardrails and more open lines of communication between the militaries of the two countries and political establishments, which could help “reduce the risk of crisis, conflict, and war by accident,” Rudd said at Caixin’s Asia New Vision Forum 2024 on Wednesday.

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Kevin Rudd advocates for a "managed strategic competition" between the U.S. and China to ensure economic stability and avoid conflict.
Australia seeks an open economic relationship with China while aligning with U.S. defense policies, balancing relations with both powers.
Australia-China relations have improved, marked by recent tariff removals and high-level visits, despite underlying security policy differences.

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Who’s Who

Caixin Media: The article mentions Caixin's Asia New Vision Forum, suggesting Caixin Media is a major organizer of high-profile events. Caixin Media is a major Chinese business and financial media group known for its independent journalism and comprehensive news coverage. The forum in Singapore featured prominent international figures, emphasizing its influence and engagement in global economic and political discussions.

Asia Society Policy Institute: The Asia Society Policy Institute's Center for China Analysis was founded by Kevin Rudd in 2022. It focuses on providing in-depth analysis and insights into China's policies and strategies. Rudd, the former Australian Prime Minister and current U.S. ambassador, studied Chinese in college, highlighting his extensive knowledge and expertise in the region.

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